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The US government has issued billions of dollars in licenses to sell parts to Huawei and SMIC

BingMag.com The US government has issued billions of dollars in licenses to sell parts to Huawei and SMIC

It seems that many American companies managed to obtain a license to sell parts and technology to Huawei despite sanctions. .

Huawei is one of the largest and most popular brands of smartphones and smart gadgets in the world in general, which also has many users. You may know this company better because of the phones it makes, but Huawei is actually very active in many areas, including the Internet and telecommunications, and even in the production of hardware, its activities are not limited to making phones.

Despite software sanctions, Huawei was still able to maintain its position in the market, but only when all US chip companies were ordered by technology. The country used to make its own chips and was forced to cut ties with Huawei. As mentioned, Huawei was able to overtake Samsung as the top smartphone maker at some point in 2020, but before that in 2018, it overtook Apple to become the second top company in this field. You can see the progress of this company from 2015 to 2020 in the table below.

BingMag.com The US government has issued billions of dollars in licenses to sell parts to Huawei and SMIC

But according to Reuters, despite the fact that there are still huge advertising campaigns against Huawei and the company is still under the most severe sanctions, it seems that some parts and technology companies have been able to get permission from the US government to resume relations with Huawei. . According to documents released by the US Congress, the US government apparently issued billions of dollars worth of licenses between November 2020 and April 2021 to sell parts and technology to Huawei and Chinese chip maker SMIC. (Exactly the number of licenses sent to sell parts to Huawei=113 worth $ 61 billion and the number of licenses to sell parts and technology to the chip company SMIC=188 worth $ 42 billion).

There is still something to be said about hardware sanctions Huawei has been fixed, we have no official news. So for now, we are considering this as a very likely rumor to see what more news will be published in the coming days. For now, if this news is true, we can give hope to those who are interested in Huawei products, which apparently have a bright future ahead of them. It remains to be seen whether this dream will come true.

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