According to a US official, who chose to stay anonymous, the American government is ready to approve the licenses for companies that want to continue selling components to Huawei. The source confirmed to Reutersthat the approval process could take as little as two to four weeks, which would signal the first notable ease of sanctions since Huawei was put in the Entity list back in May.
This result comes after President Trump announced that US companies will be allowed to continue their business ties with Huawei at the G-20 summit in June.
It was followed by last week’s news that the US Commerce Department would begin issuing special licenses to American firms that want to trade with the Chinese tech giant.
While there wasn’t much detail as to what the licenses are based on, there was a key requirement that all components are readily available across other markets and do not pose a threat to national security.
As we head forward into the second half of 2019 it seems we are on track to see an earlier than expected resolution to the Huawei issues. According to Huawei representatives, instead of issuing special licenses, the American government should remove the company from the Entity list altogether as no concrete evidence has thus shown Huawei’s products pose a threat to US security.
Despite getting its Android license revoked back in May, Huawei will still exceed its smartphone sales targets for 2019. The Chinese maker was projected to ship 250 million phones during 2019 and analyst Guo Minghao expects it to ship around 260 million. Guo Minghao says the biggest factor in Huawei’s success is the Chinese market,...
Earlier this month, an APK teardown done by 9to5Google detailed an upcoming update that would enable a new interface for Pixel devices while wirelessly charging on a Pixel Stand which debuted with the Pixel 3 and 3 XL last year. The latest news on the update is that some of the screens and elements were...