The commercial truce between the United States and Huawei expires next Monday. The American administration had granted a special permit for companies that have open business with Huawei to close them before the blockade announced in May of this year takes place. Finally, Huawei will receive a new three-month extension so that it can continue operating in the United States until next February.
A few hours ago there was a rumor that the Chinese manufacturer could be granted six months. However, the official deadline is three months according to official documents shared by the U.S. Department of Commerce. Thus, the blockade will be official for Huawei from next February 16, when the current license ends.
Previously Huawei had received two postponements to continue operating in the American country. These licenses have been granted on the grounds that several telecommunications companies in the country are directly dependent on Huawei. Therefore, with the granted term they could make the transition to other partners who were not vetoed by the U.S. government.
The postponement of the veto allows Huawei to operate (almost) normally. However, there is no access to partnerships with U.S. companies such as Qualcomm or Intel to get their components. Since Huawei indicate that this “has caused significant economic damage to the U.S. companies with which Huawei does business, disrupted collaboration and undermined the mutual trust upon which the global supply chain depends.
Recall that this US veto is due to the US administration’s concern that Chinese companies are spying for Beijing or stealing intellectual property. Huawei is one of the companies on the U.S. blacklist.