Although said to be coincidental, the timing of the Huawei blacklist has put added pressure on China during the escalating trade war. The U.S. Commerce Department opened a relief valve announcing Monday it had granted a 90-day license for mobile phone companies and internet broadband providers to work with Huawei to keep existing networks online … Continue reading Huawei at the Center of Trade Issues
The U.S. markets dropped today as the blacklist of Huawei and 26 of its affiliates went into effect on Friday. I thought we knew this already... The big pain for Huawei has got to start with Alphabet halting most of it's relations. Huawei counts on Alphabet to supply it's operating system for it's phones. Huawei … Continue reading Huawei Blacklisted
President Donald Trump signed an executive order barring US companies from using telecoms gear from sources deemed national security threats. This action comes at the same time Chinese telecoms giant Huawei was added to the Entity List of companies thought to be undermining American interests. US companies may need a license to continue supplying Huawei … Continue reading Huawei Targetted
