U.S. stops granting export licenses for China's Huawei - sources - Reuters

Jan 30 (Reuters) - The Biden medication has stopped approving licenses for U.S. companies to export astir items to China's Huawei, according to 3 radical acquainted with the matter.

Huawei has faced U.S. export restrictions astir items for 5G and different technologies for respective years, but officials successful the U.S. Department of Commerce person granted licenses for immoderate American firms to merchantability definite goods and technologies to the company. Qualcomm Inc (QCOM.O) successful 2020 received support to merchantability 4G smartphone chips to Huawei.

A Commerce Department spokesperson said officials "continually measure our policies and regulations" but bash not remark connected talks with circumstantial companies. Huawei and Qualcomm declined to comment. Bloomberg and the Financial Times earlier reported the move.

Chinese overseas ministry spokesperson Mao Ning said that China opposes the United States abusing an overly wide conception of nationalist information to suppress Chinese firms unreasonably.

The determination "goes against the principles of the marketplace system and rules of planetary commercialized and finance, hurts the assurance the planetary assemblage has successful the U.S concern situation and is blatant technological hegemony," Mao said during a property league successful Beijing connected Tuesday.

One idiosyncratic acquainted with the substance said U.S. officials are creating a caller ceremonial argumentation of denial for shipping items to Huawei that would see items beneath the 5G level, including 4G items, Wifi 6 and 7, artificial intelligence, and high-performance computing and unreality items.

Another idiosyncratic said the determination was expected to bespeak the Biden administration's tightening of argumentation connected Huawei implicit the past year. Licenses for 4G chips that could not beryllium utilized for 5g, which mightiness person been approved earlier, were being denied, the idiosyncratic said. Toward the extremity of the Trump medication and aboriginal successful the Biden administration, officials had inactive granted licenses for items circumstantial to 4G applications.

American officials placed Huawei connected a commercialized blacklist successful 2019 restricting astir U.S. suppliers from shipping goods and exertion to the institution unless they were granted licenses. Officials continued to tighten the controls to chopped disconnected Huawei's quality to bargain oregon plan the semiconductor chips that powerfulness astir of its products.

But U.S. officials granted licenses that allowed Huawei to person immoderate products. For example, suppliers to Huawei got licenses worthy $61 cardinal to merchantability to the telecoms instrumentality elephantine from April done November 2021.

In December, Huawei said its wide gross was astir $91.53 billion, down lone somewhat from 2021 erstwhile U.S. sanctions caused its income to autumn by astir a third.

Reporting by Chavi Mehta successful Bengaluru, Stephen Nellis successful San Francisco, Alexandra Alper and Karen Freifeld successful Washington, and Yew Lun Tian successful Beijing; Additional reporting by David Kirton successful Shenzhen; Editing by Shailesh Kuber, Stephen Coates and Louise Heavens

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