US Allows Huawei To Buy Samsung Displays & Sony Image Sensors

31 Octobre, 2020, 08:21 | Auteur: Auguste Feret
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This is because Huawei still requires reliable suppliers for chips and other tech components.

Analyst Edison Lee from the New York-based independent multinational investment bank and financial services company Jefferies was cited by FT as saying that the reported developments are "a strong indication the USA intends to allow Huawei to stay in the handset business, since, as we have argued, it does not present an obvious national security threat to the US".

So, the businesses within the U.S. and global producers utilizing USA expertise require particular licenses from the United States that might grant them to renew their companies with Huawei or any firm for that matter on the entity listing.

China-based technology giant Huawei has prepared a special wallet for the country's self-developed crypto money project. There have been speculations on the features it would bring forth, exciting the mobile phone market. After the USA trade ban, Google also banned Huawei from using any of its services.

To make things more clear, Huawei can buy components from these OEMs for non-5G purposes.

With this, it means Huawei, Sony and OmniVision are now licensed and back to business.

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The US government, which has been arguing for more than a decade that Huawei's telecommunications infrastructure could pose a security threat, originally put the Chinese company on a list of companies subject to export controls past year.

The Chinese smartphone maker Xiaomi has surpassed Apple in global smartphone shipments in the third quarter of 2020, therefore securing the third spot for the first time, multiple market analysis reports highlighted.

The following year, more than 300 companies applied for licenses to continue doing business with Huawei, about a third of which were granted.

"Huawei was forced to restrict its smartphone shipments following the August 17 USA sanctions which caused a void in channels in Q3 that its peers were not equipped to fill".

Mr. Lee believes that Qualcomm and MediaTek could also receive licenses, which would solve Huawei's chipset shortage.

However, industry experts warn against too high expectations on this matter and point to the unpredictable political decisions of the Trump administration.

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