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Huawei can do business with U.S companies as trade ban is going to be lifted

By Cookie Monster - on 30 Jun 2019, 8:38am

Huawei can do business with U.S companies as trade ban is going to be lifted

Huawei is now able to do business with U.S companies such as Google and Intel. 

According to Forbes, U.S President Trump confirmed the lifting of the trade ban in a press conference at the G20 summit. While Trump initially said that any discussions on Huawei would have to be saved until the end of any trade talks, his following statements brought more clarity: 

One of the things I will allow, however, is, a lot of people are surprised we send and we sell to Huawei a tremendous amount of product that goes into the various things that they make. And I said that that’s okay, that we will keep selling that product. These are American companies… that make product and that’s very complex, by the way, and highly scientific. And in some cases we’re the ones that do it, we’re the only ones that do it. What we’ve done in Silicon Valley is incredible, actually and nobody has been able to compete with it, and I’ve agreed and pretty easily, I’ve agreed to allow them to continue to sell that product. So American companies will continue and they were having a problem, the companies were not exactly happy that they couldn’t sell because they had nothing to do with whatever it was potentially happening with respect to Huawei, so I did do that.

While Huawei is still officially on the "Entity List" - a list of companies that the U.S Department of Commerce bans U.S companies from doing business with -, the Chinese company is expected to be removed from the list as early as next week. 

This means that Intel, Google, BroadcomSynopsys and other U.S companies can continue to sell hardware and software components to Huawei. It is not known at the moment if Huawei is still going ahead with plans to launch its own mobile OS. 

The Chinese company has already filed trademark applications for the mobile OS in at least 9 countries and Europe. The mobile OS is reportedly called "Oak OS" for the international market. Richard Yu, CEO of Huawei's consumer business, shared that Oak OS could be ready by Q1 or Q2 2020.

Source: Forbes via 9to5Google

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