Negotiations between Meng’s attorneys and the U.S. Justice Department picked up after the U.S. presidential election a month ago, the person said, but it is still unclear what kind of deal could be struck.
Britain has already ordered all Huawei equipment to be removed from its 5G network by the end of 2027, falling in line with intelligence allies including the United States who say the firm poses security risks.
Huawei Technologies said earlier this month it would sell Honor to a new entity called Shenzhen Zhixin New Information Technology, formed of its agents and dealers, so it could resume sourcing components currently restricted by U.S. sanctions.
The order could impact some of China’s biggest companies. It is designed to deter U.S. investment firms, pension funds and others from buying and selling shares of 31 Chinese companies that were designated by the Defense Department as backed by the Chinese military earlier this year.
According to the report, Samsung's sales in the third quarter of 2020 have increased by about 2 percent compared to the quarter of 2019, after which Samsung is at the top with 80.4 million smartphone units sold.
Phone vendors in Huaqiangbei, the world’s largest electronics market located in the southern city of Shenzhen, said prices for new and used Huawei phones had risen steadily over the past month, by around 400 to 500 yuan on average.
Huawei is one of the few companies capable of building 5G networks and is widely viewed as providing the most advanced option for the super-fast data transfers behind technologies such as self-driving cars.
The administration also added 38 Huawei affiliates in 21 countries to the U.S. government’s economic blacklist, the sources said, raising the total to 152 affiliates since Huawei was first added in May 2019.