Huawei Won’t be Out from Restricted Entities List of the U.S.

Chinese telecom gear makers were a crucial aspect for the development of the 5G network since they were supplying the essential telecom equipment required for the deployment of the next-generation network. However, the US started a tech war against the Chinese gear makers stating that it hampers the security and privacy of customers. Not only this but to make things difficult for the companies, the US also urged its allies to restrict Chinese gear makers from supplying telecom equipment. However, a new report by ANI reveals that renowned Chinese telecom gear maker Huawei won’t make it out from a list of restricted entities who are banned from gaining access to US hardware and software.

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Huawei was Deemed as Competitor to US Interests

Huawei has witnessed a roller coaster ride in the recent period. The entity rolled out its financial results since 2000, and the figures were concerning for the officials. Huawei reported its weakest annual revenue growth in a decade last year. Tracing back to the reign of the Trump administration, Huawei was dubbed as a competitor to US interests under the guise of national and cybersecurity.

Back in 2018, Trump outwardly stated that under his supremacy, the US could kill any Chinese entity by banning their native companies from exporting to ZTE, which is a direct rival to Huawei. Currently, the US Innovation and Competition Act from which Huawei has been left out awaits passage in the US House of Representatives.