US companies given green light to do business with China's Huawei on 5G networks
The US flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020.
In the telecommunications industry, 5G, or fifth-generation wireless networks are expected to power everything from high-speed video transmissions to self-driving cars.Last year, the United States placed Huawei on the Commerce Department's so-called entity list, which restricted sales of US goods and technology to the company, citing national security.Concerns from US companies
The new rule came in response to concerns from US companies and lawmakers, a person briefed on the matter said.
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