Licenses for US firms to sell to Huawei coming ‘shortly,’ says commerce chief

Reuters

Posted at Nov 05 2019 12:59 PM

Richard Yu, head of Huawei's consumer business Group, speaks on stage during a presentation to reveal Huawei's Mate 30 and Mate 30 Pro in Munich, southern Germany, on Sept. 19, 2019. The latest high-end smartphone of Chinese tech giant Huawei could be the first that could be void of popular Google apps because of US sanctions. Christof Stache/AFP

US Commerce Secretary Wilbur Ross said licenses for US companies to sell components to China’s Huawei Technologies Co will come “very shortly,” in an interview with Bloomberg published on Sunday.

Ross said the licenses “will be forthcoming very shortly” and that the US government had received 206 requests.

“That’s a lot of applications - it’s frankly more than we would’ve thought,” Ross added.

Huawei did not immediately respond to a request for comment.

In May, Huawei, the world’s largest telecoms equipment provider, was put under a US blacklist citing national security concerns, effectively banning it from buying American-made parts without a special license, while US companies were banned from selling to Huawei without carrying a special license.

US President Donald Trump promised in June to provide some relief to firms that did business with Huawei.

On US-China trade developments, Ross said there was no reason the deal could not be on track to be signed this month.

“We are in good shape, we are making good progress, and there is no natural reason why it could not be,” Bloomberg quoted Ross as saying.