From Tom's Hardware: Micron said in a Wednesday earnings call that it's received licenses from the U.S. government to sell at least some of its products to Huawei. The company doesn't expect these licenses to have a significant impact on its revenue in the short term, however, although it was quick to acknowledge them as "a positive development."
A quick refresher: Huawei was added to the U.S. Department of Commerce's Entity List in May. That addition limited the kinds of goods U.S. suppliers could sell to the Chinese telecommunications company. Affected companies have lobbied on Huawei's behalf, though, and the U.S. government's made a few concessions.
In August, Reuters reported that 130 companies applied for licenses to sell their products to Huawei. In the meantime, many reportedly continued to do business with Huawei by exploiting a loophole in U.S. regulations and, therefore, mitigating the ban's impact on their revenues.
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