The U.S government has extended its ban on Huawei’s access to core components. This time it includes foreign manufacturers building the chips with U.S technology. Thirty-eight more subsidiary firms have been added to the Entity list, like Huawei Cloud Finance and Huawei Cloud Singapore. The ban is in effect immediately and was passed to curb Huawei’s attempts to bypass the export rules by approaching third-party vendors.
As per the latest amendments, any firm mentioned in the Entity List when indulging in a transaction relevant to the items will be subject to license requirements. This includes all deals if Huawei happens to be an intermediate, purchaser, or end-user of the products.