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Huawei gets new 45 days extension to do business with U.S. companies

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The U.S. administration on Thursday issued a new 45-day extension for Huawei to continue business with US firms. This is the fourth temporary license extension as an existing license set to expire on February 16, reports Reuters.

Back in May, the US Commerce Department added Huawei into the Entity-List and imposed trade restrictions that prohibit it from buying US technologies citing security fears.

Then the company received a 90 days temporary license to serve its existing customers in telecom sectors and update for smartphones, which was expanded for another 90 days in August. Followed by the third reprieve that was given in November last year.

The U.S. alleges Huawei of being a security threat but the Chinese tech giant clearly says that the US government has no evidence to proves any of its allegations.

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