More than 130 applications have been submitted by companies that intend to do business with Huawei, and none of them have been approved, according to a Reuters report.
In May, U.S. President Donald Trump banned all U.S.-based companies from doing business with the China-based company. In June, the ban was slightly lifted and let some companies apply for licences so long as the partnership doesn’t pose a national security threat.
More recently, Secretary of Commerce Wilbur Ross indicated that the department was accepting licence applications, but none of these licences have been granted yet.
Source: Reuters Via: TechCrunch
