Huawei is still been banned and remained an entity in the US which despite having a great 2019, the company might have a more toughened 2020 if the company doesn’t go all out enough according to the rotating Chairman, Eric Xu. Huawei’s devices and telecom equipment are still been banned by the US government after being labeled a threat to national security by the US President, Donald Trump.
Huawei definitely made a lot of cash income this past year earning as high as 850 Billion yuan ($122 Bilion) which is an 18% increase over te previous year even though that amount seems lower than the expected growth.
Huawei successfully shipped a whooping 240 million smartphones in just 2019 which according to a CNN report was a 17% increase from the previous year.
Th Chinese telecom giant had vowed to overtake Samsung as the largest smartphone maker in 2019 but still fell behind the Korea manufacturer all because the US Commerce Department blacklisted the former following an executive order from the US President which effectively banned the company from US communications networks.
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The reason for the ban was based on security threats relating to 5G as well as reports that Huawei might be building backdoors for the CHinese government which might be a serious security risk which the country want to meddle with anyhow.
According to Mr. Xu, he made it known that the US government has created a challenging environment for “Huawei to survive and thrive.” The company will need to build up its own mobile services — alternatives to Google’s products — to ensure it’s able to continue selling phones in overseas markets, Xu said.
“Survival will be our first priority,” he said.
Huawei might be out of the US market and the fact that there won’t be further support from Google might be too tough for Huawei to handle but the company still managed to rank second largest phone maker right behind Samsung and the release of the foldable Huawei Mate X in China was met with success right up against rivals such as the Galaxy Fold and Motorola Folding Razr. What we expect from Huawei earlier this year is the P40 and P40 Pro which are meant to be released during the Paris event in March 2020.