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May 15, 2020 02:10 pm

U.S. Moves To Cut Huawei Off From Global Chip Suppliers

The Trump administration on Friday moved to block shipments of semiconductors to Huawei from global chipmakers, in an action ramping up tensions with China. From a report: 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 reaction from China was swift with a report saying it was ready to put U.S. companies on an "unreliable entity list," as part of countermeasures in response to the new limits on Huawei, China's Global Times reported on Friday. The measures include launching investigations and imposing restrictions on U.S. companies such as Apple, Cisco, Qualcomm as well as suspending purchase of Boeing airplanes, the report said here citing a source.

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