Huawei calls on US to lift export restrictions

Once again Presidents Donald Trump and Xi Jinping have hit the reset button

Once again Presidents Donald Trump and Xi Jinping have hit the reset button

On Friday Liang Hua reiterated a call on the U.S. to revise its "unjust and unfair" decision to add Huawei, the biggest producer of network equipment used by phone companies, to a blacklist restricting exports.

Back in May, Trump issued an executive order banning U.S. companies from using telecommunications equipment from companies that pose a national security risk, with the Commerce Department adding Huawei to a list of entities with which firms are forbidden from doing business unless they receive a special government license.

Huawei CEO Ren Zhengfei expects the US sanction to cause the company to lose Dollars 30 bln in revenue in 2019 and 2020.

Trump promised last month to allow some sales to Huawei but said it will stay on the "entity list" until talks over Washington's tariff war with Beijing are concluded.

"So far we haven't seen any tangible change...."

"Huawei will definitely survive and it will get better and better", Liang said at the company's headquarters in Shenzhen.

Like Trump and other high-level USA officials, Ross did not specify a time frame or elaborate on what constitutes a national security threat.

Huawei reported earlier that its sales rose 19.5 per cent previous year over 2017 to 721.2 billion ($105.2 billion). Liang Hua expressed optimism about the company's sustainable development on Friday, despite various obstacles and challenges it now faces.

Huawei looks to launch its own smartphone operating system as early as this fall to replace Android OS, which Google may be barred from supporting under the US restrictions. "We still haven't decided yet". Huawei announced plans in January for a next-generation smartphone based on its own chips.

"Our companies should not be at a disadvantage to others that are already selling to Huawei", he said.

Now Huawei is likely to regain access to Android after the Trump administration said on Tuesday that it would issue licenses for American companies that want to do business with Huawei "where there is no threat to national security".

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