mo4ch:>US tech giants are losing billions, quietly lobby to ease Huawei ban – report | Mo4ch News

Highly concerned over an imminent loss of billions of dollars in trade with Huawei, Silicon Valley giants have been quietly lobbying the Trump administration to ease its ban on sales of components to the Chinese tech firm.Huawei spent about $11 billion last year buying components from dozens of US companies, including chips from Qualcomm, as well as software from Microsoft and Google. American firms are set to lose that business once their 90-day temporary licenses, granted following Washington’s blacklisting of Huawei and 70 of its subsidiaries, expire on August 20.Also on rt.comHuawei ban will harm over 1,200 American firms & billions of global consumers, company warnsTo prevent that from happening major US chip makers, such as Intel, Qualcomm and Xilinx have quietly lobbied the Commerce Department to ease its ban on sales to the Chinese firm, Reuters reported, citing anonymous industry sources.This isn’t about helping Huawei. It’s about preventing harm to American companies.Whi…