Huawei is using its extra time buying US tech to plan its next move
Huawei is planning for a future without companies like Google and Intel
US Commerce Secretary Wilbur Ross had earlier confirmed in a US television interview that Huawei’s “temporary general license,” which would have expired on Monday, will be extended for another 90 days until November 19 and that another 46 affiliates of the Chinese company was added to the government’s trade blacklist.
The company remains banned from buying American parts and components to manufacture new products without a special Commerce Department license.
“As we continue to urge consumers to transition away from Huawei’s products, we recognize that more time is necessary to prevent any disruption,” Ross said in the Commerce Department announcement.
“Simultaneously, we are constantly working at the department to ensure that any exports to Huawei and its affiliates do not violate the terms of the Entity Listing or Temporary General License”, he said, referring to the mechanism that allows US companies to continue buying and selling with Huawei despite the inclusion of the company and many of its affiliates on the list.
