The United States has announced it has amended the ban on US companies doing business with Huawei. The move entails allowing US companies to share information about technologies with Huawei for the purpose of developing joint standards without requiring an export licence.
US Secretary of Commerce Wilbur Ross said, however, that the change in policy is not a softening on the government’s stance against Huawei, which is still placed on the Entity List. Rather, the amendment was made to ensure US companies are still able to contribute to important standards-developing activities, which Huawei has a strong involvement in, for 5G, artificial intelligence, autonomous, and other technologies.
“The United States will not cede leadership in global innovation. This action recognises the importance of harnessing American ingenuity to advance and protect our economic and national security,” Ross said.