As Huawei struggles, rivals pull ahead

This appeared in The Millennial Source

Huawei’s future remains under attack and its rivals have gained valuable time to build their global operations while their Chinese competitor remains frozen out of some of the world’s biggest markets.

2020 has not been kind to Huawei. The Chinese telecoms and 5G giant has faced targeted sanctions and restrictions, both on its services and its ability to acquire crucial components. Huawei has even seen itself become wrapped up in a geopolitical conflict along the Sino-Indian border.

In the face of all this, it is unsurprising that Huawei’s rivals have capitalized on its misfortune. Rival companies have secured billion-dollar deals and profited off of Huawei’s misery, all while the company itself faces the prospect of being locked out of multiple markets, including the world’s second-largest smartphone market in India, for the provision of its 5G infrastructure.

Despite the geopolitical and coronavirus-induced turmoil, Huawei can still enjoy some small triumphs. Its share of the smartphone market in the United States remains relatively unaffected, both by sanctions and the impact of the coronavirus. The company itself continues to grow and remains competitive against its rivals.