Filings from the Commerce Department show the Chinese tech giant is getting another three-month stay in the proposed ban on it by the Trump administration, set to end in February 2020 this time around.
The Trump ban may have been a blessing in disguise for Huawei, at least in its native China, where the company now holds nearly half of all market share and is the only company recording growth in shipments.
The German Interior Ministry has ruled that Huawei will be allowed to provide 5G equipment to telecom operators in the country, despite U.S. allegations of the company posing a potential national security risk.
Huawei reported operating revenue of CNY 610.8 billion (USD 87.5 billion) in the first three quarters of the year, a 24.4% increase compared to last year. The company also apparently increased smartphone shipments for the first time since the U.S. trade ban.
After nearly two years, the U.S. government has agreed to ship back equipment belonging to Huawei that it seized for seemingly no reason. It took a lawsuit from Huawei to finally push the U.S. Commerce Department to investigate and conclude the equipment could be exported.