SHANGHAI :
Huawei Says US License Extension to Have No Great Impact
Li Na
DATE:  Nov 19 2019
/ SOURCE:  yicai
Huawei Says US License Extension to Have No Great Impact Huawei Says US License Extension to Have No Great Impact

(Yicai Global) Nov. 19 -- Chinese telecoms equipment giant Huawei Technologies said today that its new grace period is no big deal after the US prolonged for the third time yesterday a temporary license that allows American companies to do business with it.

"Extending the Temporary General License won't have a substantial impact on Huawei's business either way," the Shenzhen-based electronics maker responded in a statement posted to China's Twitter-like Weibo. "This decision does not change the fact that Huawei continues to be treated unfairly either."

"The decision by the US Department of Commerce to add Huawei to the Entity List has caused more harm to the US than to Huawei," the company said. "This has done significant economic harm to the American companies with which Huawei does business, and has already disrupted collaboration and undermined the mutual trust on which the global supply chain depends."

Huawei called on the US government to put an end to what it said was unjust treatment and remove the firm from a blacklist of companies embargoed over the perceived threat they pose to US national security.

The US Department of Commerce granted the 90-day stay that lets US firms continue to do business with Huawei through a statement the department released yesterday. This has been the third-time such extension since the US government blacklisted Huawei in May.

Huawei can complete the delivery of the fifth-generation mobile network base stations and other products without any reliance on components from the US, Liang Hua, the Chinese electronic device maker's chairman, previously said.

Editors: Xu Wei, Ben Armour

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Keywords:   Huawei