What Happened
Google noted that the U.S. government had put Huawei on its Entity List, and it has prohibited U.S. companies from “collaborating” with Huawei.
Apps from Google, such as YouTube, Gmail, Maps and Play Store etc., will not be available for preload or download on Huawei devices manufactured after May 16, 2019, according to the company. It also advised against sideloading apps, citing security concerns.
Sideloading refers to installing apps on Google’s Android phones without using the official Google Play app store.
The U.S. tech giant said that they have been working with Huawei on security-related matters for existing devices, but U.S. law only allows Google to work with Huawei on devices made available before May 16, 2019.
Why It Matters
The company’s “Play Protect” malware protection service won’t be available for owners of new Huawei devices, either making sideloading a security threat.
According to Statista, Huawei global smartphone shipments in 2019 stood at 240.6 million units, and the company held 17.6% of the world’s smartphone shipments.
Price Action
Alphabet class A shares traded 0.60% higher at $1,484.06 on Friday in the after-hours session. The shares had closed the regular session 2.21% lower at $1,483.46.
The company’s class C shares traded 0.041% higher at $1,485.72 in the after-hours session. The shares had closed the regular session 2.18% lower at $1,485.11.
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