Huawei is one of the largest companies in the whole world, and unfortunately for it, it had to recognize a very big problem that affects it to an even greater extent, more precisely the difficulties generated by the sanctions imposed by the USA. Guo Ping, the president of Huawei's board of directors, said that at the moment the sanctions imposed by the US against the company affect it to a great extent.
Huawei was forced to make a stock of components for new products, the US sanctions forbidding its partners to produce any kind of components for it with American technologies and equipment. The situation is so serious that those from Huawei now say that their main objective in the short term is to survive the sanctions imposed by the USA, which of course they will manage to do without problems with the help of the Chinese government.
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Huawei it has enough components to continue manufacturing the telecommunications equipment that it sells all over the world, but for telephones the situation is much different, unfortunately for it. This means that Huawei will have to find some alternatives for the manufacture of phones in the future, but for the time being it does not have much to choose from, most of the companies it could collaborate with use technologies from the US.
"The continued aggression from the US government has put us under significant pressure. At this point, survival is the goal. As for tokens, in mid-September we rushed to stock up on some. If the US government allows it, we are still willing to buy products from American companies.”
Huawei it is in a very difficult situation at the moment, but it has the Chinese government behind it, and with such an ally, Donald Trump can do absolutely nothing to bring the company to its knees, as he seems to want to do. Huawei will survive without problems any similar obstacles put in front of it by Donald Trump, and not only that, but it remains to be seen to what extent the US president will remain in the White House, or will be replaced from office.
Huawei it still managed in Q2 2020 to remain at the top of mobile phone manufacturers globally, something that is possible to happen in Q3 as well, if its sales went at least as well.
