Trump said this weekend he would lift some restrictions that prevented US companies from selling critical technology and components to Huawei without a US government license.
But the US administration restrictions imposed on May 1
"We acknowledge the President's comments on Huawei [on Saturday] and have no further comment at this time," the company said in a statement.
"Assuming Google is not a problem and getting the license to sell to Huawei, it is a Huawei's huge sigh of relief, "said Bryan Ma, an analyst with IDC research firm.
Like most of the world's smartphones, Huawei devices use Google's Android operating system, which includes popular applications and services such as Google Maps and Gmail.
Without access to that ecosystem, Huawei's smartphones will be much less attractive to users outside of China, where most of Google's popular products are banned. About half of Huawei's smart phone sales last year came from outside China, according to research companies Canalys and IDC.
Over the past six weeks, international resellers and consumers were concerned about whether Google services and security updates would remain available on Huawei phones, according to Ma.
"Consumers obviously do not want to buy a phone that does not provide them with the service they want, and retailers will not take on a wealth of inventory that cannot sell," he said.
Google refused to comment on this article, referring to a previous statement that the company is "engaged with the Department of Commerce to ensure we are fully compliant with the requirements".
Existing Huawei smartphones, which still have access to Google's systems and software updates, can also lose their resale value in key markets.
One of Huawei's latest phones, P30 Pro, sells for € 999 ($ 1,130) in Europe. After Huawei's blacklist, most dealers offered just € 100 to buy back the phone, according to analyst Ben Stanton with research firm Canalys.
"Many customers were quite concerned about returning devices or switching brands after learning the device in their pocket had fallen in value," said Stanton.
Users "are now paranoid about these devices," he added. Huawei still needs 5G customers despite US pressure ” data-src-mini=”//cdn.cnn.com/cnnnext/dam/assets/190626035319-0626-ken-hu-01-small-169.jpg” data-src-xsmall=”//cdn.cnn.com/cnnnext/dam/assets/190626035319-0626-ken-hu-01-medium-plus-169.jpg” data-src-small=”http://cdn.cnn.com/cnnnext/dam/assets/190626035319-0626-ken-hu-01-large-169.jpg” data-src-medium=”//cdn.cnn.com/cnnnext/dam/assets/190626035319-0626-ken-hu-01-exlarge-169.jpg” data-src-large=”//cdn.cnn.com/cnnnext/dam/assets/190626035319-0626-ken-hu-01-super-169.jpg” data-src-full16x9=”//cdn.cnn.com/cnnnext/dam/assets/190626035319-0626-ken-hu-01-full-169.jpg” data-src-mini1x1=”//cdn.cnn.com/cnnnext/dam/assets/190626035319-0626-ken-hu-01-small-11.jpg” data-demand-load=”not-loaded” data-eq-pts=”mini: 0, xsmall: 221, small: 308, medium: 461, large: 781″ src=”data:image/gif;base64,R0lGODlhEAAJAJEAAAAAAP///////wAAACH5BAEAAAIALAAAAAAQAAkAAAIKlI+py+0Po5yUFQA7″/>