US stops providing US companies licences to export to Huawei: report

US stops providing US companies licences to export to Huawei: report

FILE PHOTO: Hi1710 BMC management chip is seen on a Kunpeng 920 chipset designed by Huawei's Hisilicon subsidiary is on display at Huawei's headquarters in Shenzhen, Guangdong province, China May 29, 2019. Picture taken May 29, 2019. REUTERS/Jason Lee

The Biden administration has stopped providing US companies with licences to export to Chinese telecom equipment firm Huawei, the Financial Times reported on Monday, citing people familiar with the matter.