Biden Commerce Pick Sees ‘No Reason’ To Lift Huawei Curbs

President Joe Biden’s nominee for Commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei and other Chinese companies shouldn’t remain on a restricted trade list. From a report: Raimondo, in written questions from Senate Republicans, was asked about the company, as well as Semiconductor Manufacturing International Corp., Hangzhou Hikvision Digital Technology Co. and others. They are on a…

Honor Launches First Post-Huawei Phone

Honor, the Chinese smartphone brand formerly owned by Huawei, launched the V40, its first device since being sold off. CNBC reports: Huawei sold Honor, its budget smartphone brand, in November to a consortium of buyers in China, as a way to help the unit survive in the face of U.S. sanctions. In 2019, Huawei was put on a U.S. export blacklist…