We cannot develop our strategy based on either a groundless assumption or on unrealistic hopes, because if we do that, and if we cannot be taken off from the entity list, it's going to be extremely difficult for the company.
The company's autonomous driving technology allows cars to travel over 1,000 kilometers, overtaking Tesla in that area, Xu said.
During the Trump administration, the commerce department cracked down on Chinese tech companies suspected of industrial espionage or of compromising US national security.
Copper concentrate imports from all countries were 1.89 million tonnes in December and 21.77 million tonnes in 2020 overall, data released on Jan. 14 showed.
Like Trump, Bolsonaro opposes Huawei on the unproven grounds that it shares confidential data with China's Communist government.
China being Brazil's largest trade partner and Huawei's ability to compete on price, he has faced resistance from industry and within his own government,.
Elsewhere in software, Huawei will likely pivot more towards services such as cloud computing and internet-of-things devices, though these are unlikely to offset slowdown in smartphones and telecommunication infrastructure, analysts said.
Huawei has obtained certifications for its 135W fastest charger by the China Compulsory Certificate (3C).
It is expected that this new technology will make a debut in the Huawei's next generation on top-of-the-line branded smartphones, possibly the P50 line-up.
Shipments of Australian copper concentrate had fallen more than 50% in October from the previous month, although this was before the reported restrictions were to take effect.
Alibaba is the leader in China's huge e-commerce sector and has expanded into cloud computing, brick-and-mortar stores, delivery services and overseas expansion.