Samsung Display Gains License To Trade With Arch Rival
Samsung Display has reportedly gained US licenses to trade with Huawei, however some commentators remain concerned it could not be enough to satisfy trade sanctions.
According to Reuters, Samsung Display has successfully acquired a license to sell certain parts to Chinese-based Huawei, which some commentators predict will be used to panel next-generation smartphones.
The news comes as China-US trade tensions intensify, with relations amongst the most sour in the recent decade.
Despite receiving US licenses, some commentators question whether Samsung will actually be able to export its OLED panels to Huawei – other firms in the supply chain making process used to manufacturer panels may not comply with trade restrictions.
LG Display is reportedly also seeking licenses to resume business with Huawei, with Intel advising it had received licenses from US authorities to continue supplying select laptop components to the Chinese tech giant.
Samsung Display count clients such as Apple and Samsung Electronics for the supply of its mobile OLED screens.
Some market commentators claim issues stem from smartphone touch ICs, which are designed by ARM.
It comes as component giant, Qualcomm, continues to call upon the American government for the ability to sell to Huawei despite national cybersecurity concerns expressed by the Trump government.
Neither LG Display or SK Hynix have reportedly received licenses, with Huawei deemed to consult rising Chinese maker BOE as an alternate panel supplier.