New U.S. rule aimed at Huawei's influence focuses on semiconductor suppliers - News Summed Up

New U.S. rule aimed at Huawei's influence focuses on semiconductor suppliers


The U.S. Commerce Department said it was amending an export rule to "strategically target Huawei's acquisition of semiconductors that are the direct product of certain U.S. software and technology." The rule change is a blow to Huawei, the world's No. Huawei has continued to use U.S. software and technology to design semiconductors, the Commerce Department said, despite being placed on a U.S. economic blacklist in May 2019. Chipsets would need to be in production by Friday or they would be ineligible under the rule. The U.S. administration has taken a series of steps aimed at Chinese telecom firms in recent weeks.


Source: CBC News May 15, 2020 13:30 UTC



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