BY Dow Jones & Company, Inc.
— 8:28 PM ET 11/21/2019
The Trump administration is starting to hand out licenses to chip-makers allowing them to ship to Chinese telecom giant Huawei Technologies after banning such sales in May.
Cirrus (CRUS), which makes audio amplifiers that go into Huawei phones, was pleased to be one of the first companies to get one, its chief executive Jason Rhode said Thursday.
"This should enable the company to provide the support necessary to target new design opportunities for our low-power audio amplifier products in smartphone applications at Huawei," he said, according to the company's website.
Chip-industry executives had lobbied for exceptions to the ban for months, arguing that many of the components they sent to Huawei carried no national-security concerns.
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