US companies allowed to work with Huawei on 5G networks

The US flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020.

In the telecommunications industry, 5G, or fifth-generation wireless networks are expected to power everything from high-speed video transmissions to self-driving cars.Last year, the United States placed Huawei on the Commerce Department's so-called entity list, which restricted sales of US goods and technology to the company, citing national security.Concerns from US companies

The new rule came in response to concerns from US companies and lawmakers, a person briefed on the matter said.

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U.S. companies can work with Huawei on 5G, other standards: Commerce DeptThe United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei [HWT.UL] to allow them to work together on setting standards for next-generation 5G networks. in exchange for Trump hotels? US 0 : China 2 [1 to Huawei, 1 to CCP influence] RealWeakDonalTrump 快评：孟晚舟案今日无果庭审会持续到明年、美企与华为合作5G标准美让步了吗？美国会首份疫情究责报告要求谭得赛辞职！（6/15） via YouTube
Source: Reuters - 🏆 2. / 97 Read more »