New sheriff in town might not instantly reverse U.S. actions against Huawei

With incoming President-Elect Joe Biden taking over on Wednesday, there is talk that he will issue executive orders to quickly undo some of the orders his predecessor signed. Some phone enthusiasts are hoping that these quick reversals will include some of the rule changes placed upon Chinese phone and networking equipment manufacturer . But Wedbush Securities analyst Dan Ives doesn’t believe that Biden will move that fast to reverse the orders made by the Trump administration that has seriously harmed Huawei’s phone and network communications businesses.
Biden’s arrival not expected …
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