HUAWEI Technologies, the world’s largest telecommunications equipment supplier, may have an opportunity to draw up new plans after Washington granted it a further reprieve to buy major components from American hi-tech companies.
US Commerce Secretary Wilbur Ross had earlier confirmed in a US television interview that Huawei’s “temporary general licence”, which would have expired on Monday, will be extended for another 90 days until November 19 and that another 46 affiliates of the Chinese company was added to the government’s trade blacklist.
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