Alphabet Inc’s Google has warned if the US administration moves ahead with sweeping ban on Huawei Technologies Co. Ltd, it risks compromising national security, the Financial Times reported on Thursday.
Google’s move comes as the world’s two top economies ratchet up tariffs in a battle over what US officials call China’s unfair trade practices.
While the sanctions are expected to hurt Huawei in the short term, industry experts say it could force the company — and other Chinese firms — to become self-reliant by developing more home-grown technologies, hurting the dominance of American companies such as Google in the longer term.
Google in particular is concerned it would not be allowed to update its Android operating system on Huawei smartphones, which it argues would prompt the Chinese company to develop its own version of the software, FT reported, citing people briefed on Google’s lobbying efforts.
The search giant argued a Huawei-modified version of Android would be more susceptible to being hacked, the newspaper said.
The US administration in May added Huawei to a trade blacklist. The move put Huawei and 68 affiliates in more than two dozen countries on the Commerce Department’s so-called Entity List.
Google and the US Department of Commerce were not immediately available for comment on the report.
Google flags US national security risks from Huawei ban
Google flags US national security risks from Huawei ban
- The move comes as the world’s two top economies ratchet up tariffs in a battle
- While the sanctions are expected to hurt Huawei in the short term, industry experts say it could force the company to be self-reliant
Investment licenses in Saudi Arabia have increased 20-fold in 5 years
RIYADH: The total number of investment licenses issued in Saudi Arabia rose 83.4 percent year on year in the third quarter of the current year to 6,986 licenses, excluding those issued under the campaign to correct the status of violators of the Anti-Concealment Law.
According to the Financial Analysis Unit at Al-Eqtisadiah, investment licenses have increased twentyfold over the past five years, compared with 351 licenses in the third quarter of 2020.
Since the announcement of Vision 2030 in 2016, foreign direct investment inflows have more than quadrupled. They grew by 24.2 percent last year to SR119.2 billion ($31.7 billion), marking the highest value and fastest growth rate in three years. This figure exceeds the annual target of SR109 billion by around 39 percent.
By sector, most licenses issued during the third quarter of 2025 were concentrated in construction activity, accounting for around 37 percent of total licenses, with 2,583 licenses.
This was followed by wholesale and retail trade with 1,214 licenses, representing 17 percent of the total. Manufacturing ranked third with 11 percent, bringing the combined share of the three sectors to 66 percent of total licenses.
Wholesale and retail trade recorded the highest growth rate in investment licenses, with year-on-year growth of 234 percent, followed by the construction sector, human health and social work activities, education, and accommodation and food services, each posting growth of more than 100 percent.
