On Monday, the Trump administration backtracked on the immediate banning of Huawei - allowing the company to access the Android operating system from Google until August 19 - after U.S. technology stocks tanked.
Appropriately enough for something that could be Huawei's last hope this OS is reportedly called Project Z. This has apparently been on the back-burner for a while, but largely designed for the Chinese market where a lot of Android features are blocked anyway. Well if the restrictions succeed in stopping Huawei from manufacturing Android smartphones, realistically speaking, we would just move to the next available option either from Samsung or even Apple. If Microsoft bans Huawei from using Windows on its devices, the Chinese firm might have to turn to an alternative, which can be either Linux or an in-house operating system. To that end, the company had announced that it's working on its own operating system, which, reports suggest is going to be named HongMeng.
Huawei NZ deputy chief executive Andrew Bowater says there's no need for owners of the company's phones to panic or return them to retailers after restricted on the software services.
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While National Australia Bank ( ASX:NAB ) has fallen 5.3 per cent after going ex-dividend, and is paying 83 cents fully franked. The fact that Trump is considering slapping tariffs on a further $300 billion of Chinese imports is keeping investors jittery.
This means that in a few weeks, Huawei phones and tablets will lose access to Google' services like Gmail, Google Drive, Google Keep, Play Store, and more. This resulted in Google revoking the rights of the company from using Android. "In short, this license will allow operations to continue for existing Huawei mobile phone users and rural broadband networks".
Huawei founder Ren Zhengfei yesterday told Chinese state media the reprieve bore little meaning for the company as it had been making preparations for such a scenario. But Huawei is still restricted to buy United States technology to make new products. These contacts have already come from behind, I myself have met with one of the heads of Huawei and my colleague responsible for the Shenzhen office (China) has been in contact. USA officials say Huawei is legally beholden to China's repressive rulers but have provided no evidence that it has intentionally allowed its equipment to be used for espionage.
The U.S. government said it imposed the restrictions because of Huawei's involvement in activities contrary to national security or foreign policy interests. "But it does want to have what it considers to be a fair trade deal with China and companies that are dependent on US technology are a simple way to gain bargaining leverage".