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Huawei chairman upbeat about firm's sustainable development

13 July 2019

Huawei Chairman Liang Hua says the Chinese tech giant is still waiting to see any benefit from President Donald Trump's pledge last month to grant USA corporations permission to sell some components to the company, reports AP.

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

On 10 July US Commerce Secretary Wilbur Ross announced that as long as Huawei remains on the entity list, in its implementation of President Donald Trump's G20 summit directive, the department would issue licenses to sell components and spare parts to the Chinese tech giant when it's determined there is no threat to US national security. "We believe our listing on the blacklist should be lifted completely", he's quoted as saying. He declined to give details ahead of the release of financial results later this month.

Like Trump and other high-level US 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, chairman of Chinese tech giant Huawei, said on Friday the company's development is sustainable despite various obstacles and challenges it now faces.

Why it's important: It had always been suspected that Huawei was developing its own mobile operating system, named Hongmeng, as an alternative to Android by the time Google pulled Huawei's license to some services in order to comply with a USA trade ban on Huawei in mid-May. In terms of smartphones, we are still using the Android operating system and ecosystem as a "first choice". "Of course, if America doesn't let us use it, then might we in the future develop our own Hongmeng as our cellphone operating system?"

At the same time, Huawei will remain in the black list for doing business with it American companies still will need to obtain a license.

Strayer said Washington wants to avoid hurting USA suppliers of materials that are available from other vendors.

Even before Trump's Osaka announcement, a number of American suppliers including Micron Technology Inc. and Intel Corp. had already resumed selling certain products to Huawei after concluding there are legal ways to bypass the ban.

Huawei chairman upbeat about firm's sustainable development