Trump Met With Tech, Telecom CEOs To Confer About Huawei, Trade Practices

Trump Met With Tech, Telecom CEOs To Confer About Huawei, Trade Practices

Recently, US President Donald Trump met with chief executive officers from Broadcom, Google, and other technology firms to discuss national security issues and trade practices. In a press release, the White House reported the meeting was “constructive.” One topic on the agenda was Huawei and the security apprehensions around the use of the Chinese firm’s equipment. The talks came as technology companies face the possibility of increased regulation after a week of inquiries on Capitol Hill. The seven CEOs from the telecommunication and technology industries were Stephen Milligan (Western Digital), Sanjay Mehrotra (Micron), Sundar Pichai (Google), Steven Mollenkopf (Qualcomm), Robert Swan (Intel), Chuck Robbins (Cisco), and Hock Tan (Broadcom).

The officials requested “timely licensing verdicts” from the U.S. DOC (Department of Commerce) regarding Huawei, and the President approved, as reported by the White House. Huawei has a tense rapport with the U.S. administration after Washington debarred a broad range of sales to the Chinese firm previously this year, mentioning national security apprehensions. Nevertheless, it later mitigated the terms. A Micron representative stated that Mehrotra was invited to meet with members of the NEC (National Economic Council) and Trump to “discuss issues that impact America’s technology development.”

Lately, Huawei was in news for dismissing two-thirds of its US research unit. The convictions of Huawei furloughing a large chunk of its US employees have come to pass. The firm is cutting more than 600 of the 850 jobs at Futurewei Technologies research wing in response to the “restriction of business operations” by the US administration’s trade blacklisting. That is to say, the researchers cannot do their jobs now that are prohibited for Futurewei to shift much of its work to its parent company. An employee still working at Futurewei said to Reuters that work was at a standstill after the ban came into effect.

David Sandefur

David Sandefur has gained a lot of experience in business and market analysis. He is one of the top assets for Chemical Industry Reports news portal. He is assigned with the title of “Gem” owing to his efficient way of managing the allotted responsibilities. He is competent in expressing terminologies and concepts related to business, finance, market, and industries. He had worked as a business analyst in the production industry for almost 4 Years with a total experience of 7 Years. These qualities and experience have served him the role of leading the columnists’ team at Chemical Industry Reports news portal. He has accomplished his Master’s degree in Accounts.

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