it’s been over a year since the US imposed a trademark ban on Huawei, and you already know that Huawei’s business was hit by the Huawei company’s inability to even get the Google Mobile Service (GMS).
However, the US Department of Commerce is reportedly preparing to introduce new legislation that would allow US companies to work with Huawei to change the rules for Huawei and set standards for next-generation 5G technology.
They are drafting new rules, which are aimed at making American companies more profitable in the future, while preserving the standards of 5G technology for American companies rather than for Huawei.
Since the US ban on Huawei, American telecommunications companies have expressed concern that it will be a disadvantage to the US, as it is a new generation industry that could make billions of dollars in the future by setting standards for 5G technology.
You already know that Huawei is one of the world’s leading telecom equipment manufacturers and the world’s second largest mobile phone manufacturer.
Huawei owns 20% of all patent licenses for 5G technology essential services.
Huawei is also actively involved in the expansion of 5G services worldwide, and it will be a challenge for American companies to implement 5G services without Huawei support.
Huawei is a company that spends a lot of money on research and development, and by 2020 that figure will exceed $ 20 billion.
However, it is not known how long it will take for the new legislation to be rolled out.
As such, it is reasonable to assume that the new rules will change for Huawei devices and not Huawei services.