Washington backs down, allowing US companies to work with Huawei on 5G standards

The US Commerce

The US Commerce Department has issued a change to its sweeping Huawei ban, saying that it will allow American companies to cooperate with the Chinese tech firm on setting standards for next-generation 5G networks.

Washington had little choice, as the Chinese telecom giant is the global leader in 5G technology, having filed more than 3,000 patent applications. Ban or no ban, US companies have to pay Huawei for the use of those patents. However, without such cooperation on 5G, American tech firms risk being left behind.

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