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Donald Trump bans brands from sourcing products from Chinese companies


One of many companies most affected by the continued know-how wars between the USA and China. Huaweiwas confronted with varied sanctions.

The smartphone gross sales of the Chinese firm, whose android license was canceled by Google, additionally decreased significantly.

NEW HUAWEI DECISION FROM TRUMP

US President Donald Trump signed a brand new decision simply earlier than handing over the presidency on Wednesday. In response to the choice in query, Chinese companies equivalent to Huawei will not be capable to procure products from well-established brands equivalent to Intel.


Whereas Huawei and Intel haven’t but made a press release after the choice, different companies equivalent to Samsung Electronics and Japanese Advantest, whose licenses have been canceled, have already began to lose worth within the inventory market.

All companies affected by the brand new insurance policies have 45 days to enchantment the choice.

In response to the data obtained, Intel has already began to cancel the licenses of 5G products.

in September 2020 Intel, which has obtained particular licenses to produce products to Huawei, won’t be able to use these licenses with the brand new choice.

It’s a matter of curiosity what sort of path Joe Biden will comply with after he sits within the chair of the presidency.

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