Trump: HUAWEI will Be Able to Use American Products Again

Translated

President Donald Trump said he’ll allow Huawei Technologies Co. to buy products from U.S. suppliers, in a concession to China after talks with the country’s President Xi Jinping,

„American companies are again allowed to sell their products to HUAWEI“ - Trump said at a news conference following the Group of 20 summit in Osaka, Japan. „There is not any major problem of national importance. Many top companies operate in the USA, which launch the leading technological equipment each year. Therefore, we will let them cooperate with HUAWEI and the restrictions will be lifted“, reads the statement. However, the American President does not specify the names of the companies yet. Their list is expected to be published soon.

Ren Zhengfei, the Founder and Executive Director of HUAWEI, has commented on Trump’s statement. „The statement of President Trump are good for American companies. HUAWEi is also willing to continue to buy products from American companies“, Mr Ren said in a statement to the Financial Times. „But we don’t see much impact on what we are currently doing. We will still focus on doing our own job right“.

In the first quarter of 2019, HUAWEI increased the volume of sales and even exceeded the sales of the world-leading Apple Company. Based on the given data, HUAWEI is driven and expected to also overtake Samsung in this respect by 2020. However, restrictions imposed by the US Administration, which came into force on May 16, contributed to the minor changes in the company’s plans.

Negotiations between the USA Administration and the representation of HUAWEI are consideration currently, with the hope that HUAWEI smartphones will be able to regain the permit for receiving the Android system updates.

HUAWEI products and services are available in more than 170 countries and are used by a third of the world's population. There are 16 research and development centers operating worldwide in the USA, Germany, Sweden, Russia, India and China. HUAWEI Consumer BG is one of three business units of HUAWEI, mainly focusing on the production of smartphones, personal computers, tablets and cloud services. The HUAWEI Global Network is based on 20 years of experience in the telecommunications business and serves the production of innovative technologies to customers around the world.

By Ketevan Kvaratskheliya