‘Huawei is working on new circumvention of US trade restrictions’
A new report is circulating about Huawei’s new plans. The brand has suffered a lot from the American sanctions, and now it has devised a plan to get the necessary elements.
Huawei wants to collaborate with other companies
Bloomberg news agency reports that Huawei is in talks with partners to circumvent the US trade restrictions. Due to these trade restrictions imposed by America, the share of Huawei smartphones has plummeted. After all, new devices may no longer be supplied with Google services and that leaves a significant mark on the company. A new step is being worked on.
Huawei would consider licensing the smartphone designs to third-party companies. This would allow those other companies to buy the chips and other parts. Huawei is now unable to get many parts due to the limitations. We see this, for example, at MediaTek and Qualcomm for the processors, but Huawei is also having a hard time getting other parts.
The Chinese company Chinese Postal and Telecommunications Appliances Co (PTAC) is already offering models from the Huawei Nova series. If Xnova, the company under which the Nova devices are offered, accepts Huawei’s offer, Xnova could release devices with Huawei’s design. Talks are also underway with other Chinese companies.
According to Bloomberg, the negotiations are still ongoing. When the deal is finalized, Huawei says it wants to sell 30 million smartphones by 2022. That is clearly more than in recent times, but still a fraction of a few years ago, when Huawei managed to sell 240 million smartphones on an annual basis.
