Home Business & Finance Huawei Is Free to Do Business with U.S. Companies Again

Huawei Is Free to Do Business with U.S. Companies Again

Huawei Is Free to Do Business with U.S. Companies Again

Huawei faced extremely harsh times over last month after the company found itself in the United States Entity List. Shortly after the ban, a large number of companies including Google, Microsoft and ARM cancelled their partnerships with the Chinese company. As a result, Huawei was forced to reconsider its approach towards smartphone business. However, it seems that the entire situation is going to change for the better for Huawei as U.S. President Donald Trump revealed that American companies will be able to continue conducting business Huawei in future.

Trump’s latest comments came as world leaders gathered for G20 summit in Osaka, Japan. Unsurprisingly, both United States and China are currently trying to solve the ongoing trade war between two countries. During a press conference, the U.S. President said that Huawei will be able to conduct business with America companies.

Trump said, “US companies can sell their equipment to Huawei. I’m talking about equipment where there’s no great national emergency problem with it. We have a lot of great companies in Silicon Valley and based in different parts of the country, that make extremely complex equipment – we’re letting them sell to Huawei.”

While we will have to wait to find out more details regarding the upcoming change, Trump’s latest comments suggest that Huawei will be forced to conduct business in one direction. At the moment, it’s unclear if the enter ban will be reverted in the coming days. Despite that, given the recent tension between two countries, the latest news is a significant progress nevertheless.

Although we don’t have a lot of details to go on at this point, we are likely to know more about the upcoming changes in the coming days.

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