US announces further crackdown on firms selling technology to Huawei

News Snapshot:

In its latest crackdown designed to curb China’s dominance in the tech sector, and amid continued geopolitical tensions, the United States has revoked certain licenses permitting the sale of chips to Shenzhen-based Huawei. The news, confirmed by the US Department of Commerce (via CNBC), fails to detail the specific licenses that have been revoked. According to the agency, the decision aligns with the US’s ongoing assessment of how best to safeguard its national security interests amid a dynamic digital threat landscape. US revokes certain China licenses This isn’t the US’s first anti-Huawei campaign – in 2019, the US added Huawei...