US Eases Huawei Restrictions To Maintain Lead In Tech Standards

The US government is lifting some restrictions on Chinese company Huawei as it seeks to maintain America's leadership in the global tech industry. This loosening of restrictions will reportedly enable American firms to participate more actively in meetings of international tech standards. The US issues a new rule that eases tech restrictions on Huawei. The sanctions cut off the Chinese tech behemoth's access to its US supply chain and partners, such as Google and Qualcomm. American tech firms limited their participation in global tech standards-related activities such as 5G where Huawei was involved. It authorizes sharing of "Low-level" technology and software with sanctioned Chinese companies such as Huawei when American firms participate in activities deciding tech standards and development. Time will tell whether Huawei can rise from the ashes again and be a global force in the tech industry.