Trump partially lifts ban on Huawei. Here's what it means for the company

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The ban on U.S. companies selling products and services to Huawei has been partially lifted—but the situation remains just as confused as it was before. What you need to know:

The ban on U.S. companies selling products and services to Huawei has been partially lifted, but the situation remains just as confused as it was before. For example, Huawei will stay on the U.S.’s Entity List, but President Donald Trump has stated, “U.S. companies can sell their equipment to Huawei.” His words came during the G20 summit that took place in Japan over the weekend, and after talks with China’s President Xi Jinping.

Several U.S. companies had already found ways around the ban, and continued to sell products to Huawei anyway. The temporary reprieve until August has also enabled Huawei to work with Google and deliver software updates to key devices, including the P30 Pro and the newly released Honor 20 and Honor 20 Pro.

 

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Score another 'greed point' for U.S. corporations.

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