On May 15, the U.S. Department of Commerce has extended the Huawei’s temporary business license for 90 days period.
The U.S. Department of Commerce added the Huawei into the U.S. Entity List previous year in May, to stop its supplies and business with the American companies or the companies that use US-made technologies.
Also, the U.S. government has passed a new order to restrict chip supplies from Taiwan Semiconductor Manufacturing Company (TSMC) to Huawei.
According to the rules of this new order requires a license for those companies who want to sell their goods to the Chinese tech giant, especially to those who use the U.S. bassed technologies to produce products.