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U.S. ban on Huawei transactions takes effect Tuesday Updated: 2020-09-15 06:51:10 KST

Chinese tech giant Huawei will no longer be able to buy semiconductor parts from major global tech firms beginning Tuesday local time.
This comes as Tuesday marks the date set by the U.S. Commerce Department last month, when it announced a practical ban on non-American companies from selling components developed with American technologies.
Transactions will only be allowed if the companies have special approval from the U.S.
But with Washington heightening its level of sanctions against Beijing, the possibility of such approval seems to be low.
The latest measure is expected to deal a big blow to the Chinese firm, as semiconductor parts such as D-RAM and NAND memory are crucial for the development of smartphones.
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