Home » Biden administration revokes licenses of Qualcomm and Intel to sell semiconductors to Huawei_Eastern Fortune Network

Biden administration revokes licenses of Qualcomm and Intel to sell semiconductors to Huawei_Eastern Fortune Network

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Biden administration revokes licenses of Qualcomm and Intel to sell semiconductors to Huawei_Eastern Fortune Network

The Biden administration has taken further measures against Huawei by tightening export restrictions on the Chinese tech giant. According to reports from foreign media outlets such as Bloomberg, the Financial Times, and Reuters, the U.S. government revoked licenses that allowed U.S. chip companies Qualcomm and Intel to sell semiconductor products to Huawei.

The U.S. Department of Commerce confirmed the revocation of some export licenses to Huawei on May 7, but did not disclose which specific companies were affected by this decision. Anonymous sources revealed that the latest measures will impact Huawei’s supply of mobile phone and laptop chips. The Commerce Department has reportedly notified the affected companies, although details have not been provided.

The move comes as part of the ongoing trade tensions between the U.S. and China, with Huawei being a major target in the dispute. The Biden administration’s actions against the tech company are expected to have significant implications for the global semiconductor industry and could further strain relations between the two economic powerhouses.

It remains to be seen how Huawei will navigate these latest challenges and what the future holds for its business operations. Stay tuned for more updates on this developing story.

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