US Commerce Department

Tech

US announces further restrictions on Huawei Technologies; cuts company’s access to commercially available chips

Nokia Oyj and Ericsson AB stand to benefit from Huawei’s further faltering in its 5G prowess, while domestic smartphone rivals including Xiaomi, Oppo and Vivo are likely to get a bigger pie of the Chinese market.

Company in the news

Microsoft granted license to export 'mass-market' software to Huawei

(Nov 22): Microsoft Corp said on Thursday it had been granted a license from the U.S. government to export software to Huawei Technologies Co Ltd.
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