WebOct 22, 2024 · According to documents obtained by Reuters, 113 suppliers received export licenses valued at $61 billion allowing them to ship to Huawei. 188 licenses valued at $42 billion were issued to suppliers shipping gear to SMIC. More than 90% of the license requests made by SMIC suppliers were approved while 69% of the requests made by … WebOct 21, 2024 · WASHINGTON, Oct 21 (Reuters) - Suppliers to Chinese telecoms giant Huawei and China's top chipmaker SMIC got billions of dollars worth of licenses from …
US Commerce Department denies easing trade restrictions on …
WebOct 21, 2024 · Suppliers to Chinese telecoms giant Huawei and China's top chipmaker SMIC got billions of dollars worth of licenses from November through April to sell them goods and technology despite their ... WebOct 22, 2024 · Suppliers to Chinese telecoms giant Huawei and China's top chipmaker SMIC got billions of dollars worth of licenses from November through April to sell them … the little prince new york
Huawei, SMIC suppliers received billions worth of licenses for U.S ...
WebOct 22, 2024 · (SMIC) were included on the U.S. trade blacklist, they still obtained U.S. technology and goods export licenses worth billions of dollars from November last year to April this year. Neither company has yet responded to this revelation. Huawei was placed on a trade blacklist by the U.S. in May 2024 due to alleged national security issues. WebApr 20, 2024 · Similarly, only 1 of the SMIC-related applications was denied, with 17 returned without action. A summary of the license determinations, based on data provided by BIS, is below. Export Control Licensing Decisions for Huawei (November 9, 2024-April 20, 2024) Total Number of Applications: 169; Approvals by Export Classification WebMar 6, 2024 · According to data by Reuters, SMIC had 188 licenses valued at nearly US$42 approved for the company. However, Commerce Department official Alan Estevez, who oversees US export policy, shared at the hearing last week that a Trump-era policy that allows Huawei to receive some US technology below the “5G level” is “under assessment.” the little prince museum