White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the US ban on sales to China’s Huawei Technologies Co Ltd, reported Reuters.
Treasury Secretary Steven Mnuchin will also attend the White House event, to which chipmakers Intel Corp. and Qualcomm Inc. have been invited and Google and Micron will also attend.
The future of US companies’ ties to Huawei, the world’s no. 1 maker of telecommunications equipment, remains uncertain after the Trump administration put the company on a blacklist in May, citing national security concerns. The move banned US companies from selling most American parts and components to the company without special licenses.