Huawei: US companies could return to sell in 2-4 weeks


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President Trump has shown signs of openness towards Huawei during the G20 summit. But without giving more specific indications on when the commercial relations between the US companies and the Chinese producer will be able to resume without constraints and restrictions.

After the declarations of the number one of the White House. Larry Kudlow, President of the National Economic Council. Said that it was not yet possible to speak of a real “amnesty” for Huawei. Which continues to be part of the entity list. While Wilbur Ross, Secretary of Commerce, added that specific licenses would be granted to allow applicant companies to sell their goods and services to Huawei. Subject to a national security risk assessment.

U.S. firms may get nod to restart Huawei sales in two-four weeks – official

According to information published by Reuters, it would take from 2 to 4 weeks to complete the necessary procedure to request a license. A spokesman for the Department of Commerce. Said “evaluating all the licenses and determining what is in the nation’s interest for national security”.

In the meantime, there are those who, like the well-known analyst Ming-Chi-Kuo, are leaning towards the future of the Chinese manufacturer. Stressing that by the end of July the restrictions will be less. Including those concerning an important partner like Google. And that this circumstance will allow it to cut a new goal in terms of units shipped during 2019 with around 260 million. For the moment, the official data speak of turnover in growth in the first half of the year despite the ban.

Despite being on the way to a possible resolution, the situation is still very complex. At this point, we just have to wait a few more weeks. To understand which companies the government will allow collaborating with Huawei.

Source :

reuters

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