CX Daily: U.S. Tightens Restrictions on Huawei

Huawei /

U.S. puts stranglehold on chip sales to Huawei

The U.S. announced new rules that would completely cut off the supply of computer chips to Huawei Technologies Co. Ltd., in what some say could be a killing blow to the Chinese company.

Under the rules published Monday by the Department of Commerce, companies worldwide will need a license to sell the Chinese company products in which U.S. technology is used in the production process, including any components.