U.S. companies could be allowed to resume shipments of components and services to Chinese vendor Huawei in approximately two weeks, Reuters reported, citing a representative for a U.S. manufacturer.
According to the report, the representative was told by a senior U.S. government official that licenses could be granted in two to four weeks.
However, the representative said that there were no details on the criteria to be followed by the authorities for approval of licenses.
The report also stated that two US chipmakers have already said they would apply for licenses to ship components to Huawei.