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szdaily -> Business/Markets -> 
Trump may approve licenses to restart Huawei sales
    2019-07-24  08:53    Shenzhen Daily

U.S. President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make “timely” decisions on requests by U.S. companies to sell to blacklisted Huawei Technologies Co., the White House said.

The meeting was with the CEOs of Cisco Systems Inc., Intel Corp., Broadcom Inc., Qualcomm Inc., Micron Technology Inc. and Western Digital Corp. and Alphabet Inc.’s Google.

The meeting comes at a time of lingering uncertainty over the future of U.S. companies’ ties to Huawei, the world’s largest telecom equipment maker. It was placed on a U.S. blacklist in May, with the government citing national security concerns.

Clarity on what the new policy toward Huawei will be has been slow to emerge.

On Monday, executives expressed displeasure at Commerce Department Secretary Wilbur Ross, who also attended the meeting, for not providing clear guidelines on policy toward sales to the Chinese company, according to a source briefed on the meeting.

Among the attendees was Micron chief executive Sanjay Mehrotra. In a statement, Micron confirmed he attended the meeting and said “policies that ensure open and fair trade on a level playing field are essential to ongoing U.S. technology leadership as well as economic growth throughout the world.”

Ross has said licenses would be issued where there is no threat to national security. Reuters reported last week that the United States could approve licenses for companies to restart sales in a matter of weeks.(SD-Agencies)

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