US authorities promise to allow American companies to resume cooperation in the near future
What does it mean
Let us remind you that after the sanctions imposed by the United StatesAmerican manufacturers need a license from the government to do business with Huawei. However, so far not a single such license has been issued, although there are applications, moreover, there are a lot of them.
But the US Department of Commerce promises to fix this “very soon” and begin issuing licenses. In addition, this month the US and China are expected to finally sign a deal and resolve trade differences.
According to the head of the ministry, Wilbur Ross, 260 applications have already been submitted for permission to do business with Huawei. “There are a lot of applications — frankly, more than we thought,” the minister admitted.
Who will receive permission and when is not yet known. But one of the applications is from Google, so we hope that Google services will return to Huawei and Honor smartphones in the near future.
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