Companies said that the chips they sold to Huawei do not pose a threat to espionage. Why did they end the relationship? Trump pressure? That’s still an unexplained question.
What will happen next? Following the tension with the US, Chinese Huawei announced that its two-year income will be $ 30 billion less than expected.
Following the tension with the US, the Chinese telecommunications giant Huawei will soon introduce its new operating system to its users. Huawei’s revenue in 2019 and 2020 is estimated to be around $ 100 billion.
This decline does not seem to worry the company. In addition, US Treasury Secretary Steven Mnuchin said that President Donald Trump could ease US sanctions on Huawei if progress in trade negotiations with China is achieved.
Mnuchin said that progress in trade negotiations between the US and China could occur during a meeting of Trump and Chinese President Shi during the G20 summit at the end of this month.
The war in the middle is not expected to end yet. US President Donald Trump is determined to cause serious material and moral damages to Huawei. Likewise, Huawei is convinced to make some harsh sanctions on the United States.
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