U.S. Blocks Some Exports From Huawei’s Silicon Valley Unit - News Summed Up

U.S. Blocks Some Exports From Huawei’s Silicon Valley Unit


Chinese telecom giant Huawei has long caused tension between Washington and Beijing. WSJ’s Shelby Holliday explains what the company does and why it’s significant. (Photo: Aly Song/Reuters)Huawei Technologies Co. is contending with a new obstacle: getting technology it developed at a U.S. subsidiary back to China. The Chinese telecommunications giant has been unable to send home certain technologies from its Silicon Valley research-and-development unit, Futurewei Technologies Inc., after the Commerce Department signaled it wouldn’t renew a Futurewei export license, according to people familiar with the matter and documents reviewed by The Wall Street Journal.


Source: Wall Street Journal January 10, 2019 11:26 UTC



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