Tuesday, September 29, 2020
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Trump temporarily grants waiver against nationwide Huawei ban

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The administration of US President Donald Trump has granted the Pentagon a temporary waiver of a nationwide ban on the use of Huawei products and other Chinese-made telecommunications equipment by defense contractors.

The temporary lifting of restrictions is valid from August 13 to September 30. During this time, those defense contractors who have not recovered from the consequences of the COVID-19 coronavirus pandemic must resolve issues of supplying equipment replacing Chinese.

The temporary delay in imposing the restrictions also applies to those companies that took longer to find replacements for solutions from Huawei and other Chinese companies. The publication notes that this could give US defense contractors a temporary respite.

In August at the China Info 100 conference, Huawei’s top manager Richard Yu said that the corporation ran out of processors for the production of smartphones. Chip production from Taiwanese TSMC will stop on September 15, contractor Huawei stopped taking orders from the Chinese company on May 15.

Lena S.
Lena is an adventurous soul searching the world for truth and balance. She is a mother of 2 beautiful daughters and a full time writer for Financial News where she covers various topics from finance, government, politics, current events, crypto and technology.

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