U.S. Tech Firms Say Huawei Ban Will Hurt Their Finances, Innovation

U.S. technology companies have told the Commerce Department that the Trump administration’s ban on selling to the Chinese tech giant Huawei could significantly harm their bottom lines and might damage their ability to develop new technological innovations, including those needed by the U.S. military. The companies are making the claims in applications for licenses that would let them do business with Huawei after the prohibition goes into effect in August, according to people familiar with the licensing process.

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Author: Doug Isenberg

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