Trump Says Huawei Could Be Part of Trade Deal With China

Posted May 26, 2019

Mr Trump said late on Thursday that he saw a resolution to the trade war with China "happening fast".

Potential buyers of Huawei's phones are likely to switch to high-end devices from Samsung Electronics and Apple, and also buy mid-end phones from domestic rivals OPPO and Vivo, analysts said. Later, the company said it was scrutinizing whether its products break USA restrictions on trading with Huawei, causing some confusion, as the latest claims contradict the previous ones.

It's unclear whether Seoul would accept potential US demands to block imports of Huawei products at risk of triggering retaliation from China, its biggest trade partner.

Some analysts said the U.S. moves against Huawei will lead to strong support for the unlisted Chinese firm as Huawei is working hard to offset the fallout of the restrictions. The company's online store no longer has the product listing for the Huawei laptop. It's unclear when the products were taken down, or if Microsoft plans to limit or revoke Huawei's Windows license.

"At present, Matsushita Group supplies normal products to Huawei".

Taiwan-based TSMC, the world's biggest contract chipmaker, said its shipments to Huawei have not been affected by the U.S. ban on the latter's access to United States components, Reuters reported on Thursday. According to a Google spokesperson, 'Keeping phones up to date and secure is in everyone's best interests, and this temporary license allows us to continue to provide software updates and security patches to existing models for the next 90 days'.

Panasonic's announcement came after a statement by British and Japanese mobile phone companies on May 22 (Wednesday) that they will be postponing the launch of Huawei smartphones in their respective countries.

Huawei is reported to have started developing its own system since 2012. The market is effectively a duopoly, with Android running on 87% of smartphones sold in the first quarter, and Apple's iOS running on nearly all of the rest, according to market research firm Canalys.

The loss of Android is a blow to Huawei's wildly successful smartphone business.

Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from US President Donald Trump regarding trade relations with China assuaged concerns among some investors.

"In this way, it is hoping to achieve the colonisation of the global business world", the newspaper said. Earlier this month, President Trump placed another round of tariffs on $200 billion of Chinese goods.