This archive report was first published on 19 May 2020.
On May 16, 2019, the US Department of Commerce added Huawei Technologies to the Entity List without justification, severely impacting the company's operations. Despite this, Huawei has remained committed to complying with US government rules and regulations, fulfilling its contractual obligations to customers and suppliers, and surviving against all odds.
According to Huawei, the latest US trade restrictions will impact the expansion, maintenance, and continuous operations of networks worth hundreds of billions of dollars in over 170 countries. It will also affect communications services for more than 3 billion people who use Huawei products and services worldwide.
"The US is leveraging its own technological strengths to crush companies outside its own borders. This will only serve to undermine the trust international companies place in US technology and supply chains. Ultimately, this will harm US interests," Huawei stated in a recent statement.
As the US government imposes new restrictions on Huawei's acquisition of semiconductors, the company has pledged to seek a resolution. "We will try all we can to seek a solution. We hope that our customers and suppliers will continue to stand with us and minimize the impact of this discriminatory rule," Huawei said.
