Advertisement

Huawei's ban in the US to be discussed in a meeting at the White House

President Donald Trump had announced that US companies would be allowed to sell products to Huawei

Advertisement
|Jul 20, 2019, 12:01:27 IST

U.S. officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and software executives to discuss the U.S. ban on Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.[caption id="attachment_6879551" align="alignnone" width="1280"]A Huawei company logo is seen at the Shenzhen International Airport. Image: Reuters A Huawei company logo is seen at the Shenzhen International Airport. Image: Reuters[/caption]The United States placed Huawei on the Commerce Department's so-called Entity List in May over national security concerns. U.S. parts and components generally cannot be sold to those on the list without special licenses.However, U.S. President Donald Trump, who is seeking to revive trade talks with China, announced late last month that U.S. companies would be allowed to sell products to Huawei.The White House did not immediately comment on the meeting.One of the sources said invited companies included chipmakers Intel Corp, Micron Technology Inc, Qualcomm Inc and Broadcom Inc. Microsoft Corp was also invited.Intel and Qualcomm declined to comment.The United States may approve licenses for companies to restart new sales to Huawei in as little as two weeks, a senior U.S. official said last week.

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Jul 20, 2019, 05:12:13 IST
Advertisement
Advertisement
Trending Stories

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost

Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies
2 min read
Advertisement
Advertisement
Up Next