I doubt they will produce something high-performance on a budget anytime soon, since that is not their stated aim and is not critical to security.
The gargantuan effort Huawei and their partners have undertaken here was mostly made possible by one use-case: the boring but efficient desktops used in government offices. Having any part of the supply chain for those in US hands is seen as a huge security risk by China, and with Trump as president I don't think that's just paranoia.