And here we go, Huawei has been allowed to do business in the US
- Huawei was banned from doing business in the U.S
- Google services like Android and Playstore were supposed to be stopped at Huawei devices.
- But the president of the US Donald Trump has just announced in a news conference.
American companies will now be allowed to do business with Huawei again.
And this reminds me of the famous line of Thanos:
A little background for this who don’t know:
In May 2019, Trump administration had decided that U.S companies will not be allowed to do business with Huawei. After that, Huawei was likely to lose access to Android and Google’s Play store.
The ban-lift by president Trump:
“I said that’s O.K., that we will keep selling that product, these are American companies that make these products. That’s very complex, by the way. I’ve agreed to allow them to continue to sell that product so that American companies will continue”
Said Mr. Trump.
Just an announcement for now:
The decision is just an announcement for the time being and Huawei is still there on the “Entity List”. This is an American body that allows and bars other companies to deal with American companies.
US and China were going hard on each other in economic wars. After putting a ban on Huawei, American businessmen had to face huge losses. On the other hand, China was planning to make uplift of the ban on Huawei a part of their business negotiation with the US.
How long it will take to actually make it happen?
Well, now it totally depends on how fast the US departments work in this regard. It has caused a loss at both ends for now but things are likely to get back to normal.
The total loss faced by Huawei:
Let’s suppose the ban is completely lifted next week, the after-shocks on Huawei will still be visible. Huawei had stated that their revenue for 2019 will be $30 billion lower than the estimated revenue.
That’s mainly because of the disruption caused by that unexpected ban. The damage done to the brand and PR is not counted yet.
Huawei was all set to beat Samsung and take the first place on the smartphone market next year. But after this ‘ban’ episode, its gonna take a lot longer now.
This is obviously a sense of relief for the users of Huawei. Although it was decided that Huawei will continue to receive security updates from Google, but it was still a tough situation.
Leave a comment if you owned a Huawei and share it with the Huawei owners.