Huawei Received Another 90-Day Extension to Its Trade License

Huawei Received Another 90-Day Extension to Its Trade License

5 years ago
Anonymous $ZuTig1gZkQ

https://wccftech.com/huawei-recieved-another-90-day-extension-to-its-trade-license/

Huawei has been operating on borrowed time ever since the Department of Commerce issued a directive asking all US-based companies to suspend ties with them. A temporary extension was granted shortly after that allowed Huawei to conduct business with some companies. The license was set to lapse on August 19. The U.S. Commerce Department will extend that license by another 90 days, according to a report by Reuters.

One of the primary reason for this extension is that a lot of rural areas in the United States rely on Huawei networking equipment. US Commerce Secretary Wilbur Ross says that a part of the reason for the extension was to allow the companies that still use said equipment ‘to ween off them’, though it would take a lot longer than 90 days for that to happen.

Huawei Received Another 90-Day Extension to Its Trade License

Aug 19, 2019, 5:43pm UTC
https://wccftech.com/huawei-recieved-another-90-day-extension-to-its-trade-license/ > Huawei has been operating on borrowed time ever since the Department of Commerce issued a directive asking all US-based companies to suspend ties with them. A temporary extension was granted shortly after that allowed Huawei to conduct business with some companies. The license was set to lapse on August 19. The U.S. Commerce Department will extend that license by another 90 days, according to a report by Reuters. > One of the primary reason for this extension is that a lot of rural areas in the United States rely on Huawei networking equipment. US Commerce Secretary Wilbur Ross says that a part of the reason for the extension was to allow the companies that still use said equipment ‘to ween off them’, though it would take a lot longer than 90 days for that to happen.