Huawei has prolonged agony during this month after a very important decision that had to be taken at the end of last month was postponed for completion during the following weeks. US television stated that the meeting in which the future of Huawei was to be decided by the US government would take place on March 11, and then we will find out if the sales of components made in Asia will also be banned, but with American technologies.
Huawei is targeted by a special directive that the US president wants to impose against the Chinese, the aim being to completely block its ability to buy components for phones, and not only that. Based on the rumors that appeared in the previous weeks, the US would like to modify the legislation in such a way that even if some components used by Huawei in its own products are manufactured in China, they will be prohibited if they are based on US technologies.
Huawei: Prolonged AGONY, The decision that keeps the company on the ropes
Huawei can now buy components for products from factories in China if they are made there, American legislation allows this, but Donald Trump wants to change the situation completely. Moreover, now Huawei cannot include components or software in phones if more than 25% of the product is made based on US technologies, but this percentage will drop to only 10% to exclude even more of what they cannot the Chinese use.
Huawei it would be unable to buy many more components for its products if these two legislative changes are made, according to American television. The activity of those from Huawei would be blocked to a very large extent by a decision of this kind, and this would leave the company in a very difficult position, and as the Coronavirus is the main concern of the government in Beijing, it is possible that Huawei don't get help from him.
Huawei he has better news in Europe, where his equipment was not banned by the important countries and the big telecommunications operators, so he still has access to a very profitable market.
