Charlie Osborne is a cybersecurity journalist and photographer who writes for ZDNet and CNET from London. PGP Key: AF40821B
Reports suggest that the White House will allow some non-sensitive goods to be purchased by the Chinese firm.
It was alleged that Huawei, in turn, posed as a customer in order to steal valuable intellectual property from CNEX.
According to one of the firm's deputy chairmans, the idea of taking over large telecoms firms is outside of what Huawei can cope with.
In a bid to expand its reach in Europe, the Chinese telecommunications equipment manufacturer is due to embark on a hiring spree.
Huawei intends to introduce commercial 5G networks by 2020, a service touted as "100 times faster" than current fourth generation networks.
The U.S. market may be a "disappointment" to the Asian firm, but it hasn't stopped Huawei from trying to tap into the lucrative enterprise sphere.
Estimates are lower than previous optimistic targets, which may be indicative of the company's situation with the United States.
Are we surprised?