Foreign manufacturers must have license to resell U.S. technology and software to certain companies.
The Bureau of Industry and Security within the U.S. Commerce Department has recently issued an amended rule regarding the reexportation of U.S. software and technology. Under the new restriction, foreign semiconductor manufacturers using American technology and software would have to obtain a license from the United States in order to ship these products to the Chinese company Huawei Technologies.
Commerce Secretary Wilbur Ross said, “We must amend our rules exploited by Huawei and HiSilicon and prevent U.S. technologies from enabling malign activities contrary to U.S. national security and foreign policy interests.”
Taiwan Semiconductor Manufacturing Co. has been supplying HiSilicon, a division of Huawei, with semiconductors. The regulation allows for shipments of chips currently in production to be received within four months.
As the Lord Leads, Pray with Us…
- For the president’s administration as they seek to protect the country against spying.
- For the Bureau of Industry and Security as they work on strategies to safeguard the nation.
- For Secretary Wilbur Ross as he leads the U.S. Commerce Department.
Sources: Commerce.gov, New York Times, Wall Street Journal
