The official website of the U.S. Department of Commerce confirmed the incident. In a statement posted on the website, U.S. Commerce Secretary Ross said he would license businesses with Huawei that do not pose a threat to U.S. national security and said the move was aimed at fulfilling President Trumps commitment to China at the G20 summit in Osaka, Japan, two weeks ago.
But Ross also stressed that Huawei would remain on the entity list sanctioned by the U.S. Department of Commerce, and that any deal with Huawei would still require approval from the U.S. Department of Commerce.
According to the New York Times, the decision by the U.S. Department of Commerce will benefit U.S. companies such as Qualcomm, Intel, Google and Broadcom, whose customers will buy chips for mobile phones and communications devices.
The New York Times also said that technology companies in the United States have been lobbying the Trump government to relax restrictions on Huawei, which will not only lead to the loss of a major revenue source for these American companies, but also will not hinder its development. After all, Huawei can also come from Japan or South Korea and other United States. Competitors of Chinese companies buy alternative products there.
Screenshots from the New York Times
However, according to the Reuters report, many American enterprises and industry observers still hold a wait-and-see attitude towards the latest statement of the U.S. Department of Commerce, because the U.S. Department of Commerce has not clearly indicated what kind of transaction would not pose a threat to the national security of the United States.
The Wall Street Journal reported that Ross did not give a specific timetable for when the permits would be issued.
Finally, both Reuters and the Wall Street Journal argue that U.S. companies that want to continue their business with Huawei seem to have to submit licensing applications to the U.S. Department of Commerce before the Department decides what kind of transactions can be allowed.