Huawei is on a roller coaster ride for the last few months. After losing the support of Google, ARM, and other US companies it was estimated to lose $30 billion as a result of the ban. Early this week Trump stated that the ban could be solved in a China trade deal and at the G20 Summit in Japan this week. It sounds like a trade deal is what resulted in the new reprieve.
This news just broke with comments made by US President Trump, stating that the “US companies can sell their equipment to Huawei. We are talking about equipment where there is no great national security problem with it.” The details of this statement made by Trump are still pending. But it is speculated that 5G infrastructure equipment may still not be part of this access deal while the smartphone segment may be where we see open access.
As we talk about the best smartphones, Huawei P30 Pro is one of the best smartphones ever made. Despite the ban, it continues to be an amazing smartphone and has the best camera performance in a smartphone today.
While Trump has seemingly made a deal with China and is authorising US companies to work with Huawei once again, this kind of fickleness makes it hard to make long term business decisions. What will happen if China disturbs Trump again and US companies are again barred from working with Huawei?
Huawei will probably get its past relationships up and running again rapidly, but the company is also likely to continue to grow means to be successful independently of US companies when another ban could come at any time.