Commerce Department Tightens Reins On Huawei
PYMNTS
AUGUST 17, 2020
companies, alleging it undermines the nation’s security and foreign policy interests. Starting last year, the DOC’s Bureau of Industry and Security (BIS) required the Chinese company and 114 of its overseas affiliates wishing to export U.S. In effect, the rule will put an end to Huawei’s mobile networks in the country by 2028.
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