Earlier this year, the U.S. government revoked export licenses that allowed Intel and Qualcomm to ship some of their processors to blacklisted China-based Huawei. Apparently, these were not exceptions. In all, the U.S. has granted $335 billion in exceptions for blacklisted Chinese firms over the last five years, but it is now cracking down on exports further. The U.S. government has revoked eight licenses this year that previously permitted certain companies to ship goods to Huawei, reports Reuters. This action aims to intensify pressure on Huawei as it shows signs of recovery despite U.S. sanctions.
The U.S. Commerce Department Bureau of Industry and Security, which manages U.S. export regulations, disclosed the license revocations but initially did not specify which suppliers were impacted. However, from their filings with the U.S. Security Exchange Commission, we know that Intel and Qualcomm (possibly, among others) were impacted. Meanwhile, both Intel and Qualcomm sold some of their more advanced processors to Huawei to use inside their PCs and 4G smartphones.
