Huawei, the crown Gems China’s technical industry, The U.S. is campaigning with the goal of cutting financial and two-punch and international markets given the chip sanctions.
But with Huawei With new markets expanding rapidly and the Chinese government investing heavily in gaining technological independence from the West, this uplift may not last long.
The The US government has targeted Huawei Related to alleged espionage and relations with the state, the agency claims 5g Wireless equipment creates a security risk. Many in the West have seen the rise of the Chinese company as linked to the Chinese government’s power and its brand of techno-dictatorship.
Huawei Latest financial reportIssued Wednesday, shows the financial cost of the U.S. campaign. Revenue growth stood at 3.8 percent last year, up from 19 percent in 1999; International sales have fallen sharply, especially in Europe
The company’s smartphone sales have been big hits. After ranking second in global shipments behind Samsung in 2012, Huawei fell out of the top five smartphone makers by the end of 2020, according to the research firm. Canal.
“The United States has succeeded in verifying Huawei’s overall growth, but it is doubtful that it will crush it as a global technology power,” Peter Cowhey, UC Dean of the School of Global Policy and Strategy in San Diego and a former U.S. government official.
The United States has banned Huawei networking equipment from domestic 5G networks and has persuaded other countries, including the United Kingdom, Canada and Australia, to impose similar restrictions. Last year, the U.S. also imposed export controls to stop Huawei’s supply of high-end chips and advanced chipmaking equipment to China, effectively crippling Huawei’s ability to make high-end smartphones.
“Supply restrictions for our smartphone business have had a tremendous impact on us and we haven’t seen a clear picture of the supply of our smartphones,” Ken Hu, a Huawei deputy chairman, told a news conference. The company is headquartered in Shenzhen on Wednesday. “We think this is a very unfair situation for Huawei and it has hurt us a lot.”
Microchips are the heels of Achilles in China, because they do not have the nanoscale properties, the most advanced and strongest of these components found in domestic power. Such as Chinese chipmakers Minimum wage Produces chips for low-end products, including Internet-of-Things devices.