Huawei before rescue? US sanctions eased
According to a report by Bloomberg, the US government has reconsidered its sanctions policy against Chinese companies. Huawei in particular could benefit from this. The company has suffered massively from US sanctions in recent years.
Also for Huawei: US sanctions are relaxed
According to a report by Bloomberg The US government wants to relax sanctions against Chinese companies that are on the “black list”. Huawei is explicitly named there as one of the companies and a prominent example. Specifically, it’s about the US government’s fear of being shaken off technological standards. After the US ban, many Chinese companies invested a lot of money and time in developing their own technologies and standards. But before these overtake US technologies, the US government wants to ensure that US standards are complied with. In return, Chinese companies could access US technologies again.
Accordingly, Chinese companies such as Huawei can initiate talks in which the Release of “low-level” technology in hardware and software is decided. Whether this includes access to Google services or 5G technology, which Huawei smartphones currently lack, is not known in detail. For example, if Huawei were to regain access to Google services and apps, smartphones would suddenly become interesting and competitive again. The company has never stopped developing new devices and is still doing well. Only the restrictions imposed by US sanctions prevent the devices from being successful.
Huawei has developed a smartwatch that has a unique feature:
Huawei faces major challenges
The founder himself recently announced that Huawei is not doing well after the US sanctions. The next two years will decide how things will continue with Huawei. Should US sanctions be eased, it could be Huawei’s salvation. Currently, the list of technologies that will be shared has not yet been published. Only then will it become clear whether Huawei can play again.
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