The past few weeks have been hectic, to say the least, for Huawei. The Chinese company was placed on a U.S. “Entity List” of vendors with “questionable” business dealings, forcing Google and a host of other American companies to halt their partnerships with Huawei.
President Donald Trump gave American companies until August 19, 2019, to find alternative companies to Huawei, but this was seen as a move to buy time for more negotiations between the U.S. and China. Well, it seems these talks went well and as it stands, Huawei and American companies are back in business.
Prior to this, some American companies had already found ways to bypass the trade ban without violating the rules, but this won’t be necessary anymore. Speaking at a press event at the G20 summit, Trump pointed out that Huawei buys a “tremendous amount of product” from the U.S. and that the U.S. “will keep selling that product” to Huawei.
As if regretting the decision to ban Huawei from doing business with American companies, Trump added that “the (U.S.) companies were not exactly happy that they couldn’t sell” to Huawei. Back in May, when the trade ban had just been effected, it was revealed that America would be losing a whopping $11 billion worth of Huawei monies if the ban stood.
All this time, plenty of questions had been asked of Huawei, especially on matters of Android updates. Despite the assurances the company gave, some people weren’t so convinced and decided to sell or trade in their phones for a different model.
A UK trade-in site Music Magpie revealed it had seen a 154% increase in Huawei trade-ins following the trade ban. That’s huge, although it was understandable at the time.
So, now that Huawei is back in business, we seek to find out if you ever contemplated selling your Huawei/Honor phone. If you did sell it, how does it feel to learn that things are back on track for Huawei?
Let us know in your comments below.