BUSINESS

White House Reportedly Revokes at Least One Intel Licence to Sell to Huawei

The Trump administration blacklisted Huawei and other Chinese tech giants in 2019 as part of a broader trade war with Beijing, but has repeatedly issued exemptions to restrictions for US companies, including Intel and Microsoft, after the corporations expressed fears that they would face multi-billion dollar losses if trade was stopped completely.

The Trump administration has revoked at least one of Intel’s licences to sell components to Huawei, Reuters has reported, citing unnamed sources.

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