China's Ministry of Commerce fired back at the U.S. on Wednesday, denouncing the latest revocation of export licenses to tech giant Huawei as \"economic coercion\" 😠.
In case you missed it, the U.S. Commerce Department recently revoked licenses that allowed companies like Intel and Qualcomm to supply chips to Huawei, according to unnamed sources cited by Reuters. While the U.S. department hasn't officially named the companies affected, the move is already stirring up international tensions 🌐.
\"We have revoked certain licenses for exports to Huawei,\" the U.S. Commerce Department stated, without spilling all the details. This action could seriously impact Huawei, which still relies on Intel chips for its laptops 💻, and could also hit U.S. suppliers doing business with the tech giant.
China's Ministry of Commerce didn't hold back, stating that the U.S. actions not only \"violate WTO rules\" but also \"seriously damage the interests of U.S. companies.\" They added that China will \"take all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies.\" 💪
Huawei, when reached out by CGTN, had \"no comment\" on the situation 🤐.
A bit of backstory: Huawei was placed on a U.S. trade restriction list back in 2019 amid concerns over national security. This means U.S. suppliers need special, hard-to-get licenses to ship products to Huawei 🚧.
But here's the twist—Huawei surprised everyone last August with the Mate 60 smartphone, powered by a high-tech chip, despite these restrictions. And just this past April, they launched the Pura 70 phone series featuring the upgraded Kirin 9010 chip 🚀.
It's a high-stakes tech drama that’s unfolding on the global stage, and we're here for it! Stay tuned for more updates as this story develops 🔄.
Reference(s):
Chinese Commerce Ministry slams U.S. 'economic coercion' toward Huawei
cgtn.com