Huawei, SMIC Suppliers Receive Licenses Worth Billions of Dollars for Exporting U.S. Goods

Reuters reported on Friday that it had received documents showing that although Chinese telecoms giant Huawei and China’s top chipmaker Semiconductor Manufacturing International Corporation (SMIC) were included on the U.S. trade blacklist, they still obtained U.S. technology and goods export licenses worth billions of dollars from November last year to …