Huawei – The World’s Fastest Growing Smartphone Maker Just Crashed

Founder Ren Zhengfei claimed Huawei’s revenue will be $30 billion less than they had forecast over the next two years. His quote compared the largest Chinese telecom giant to a “badly damaged plane” as a result of US government sanctions, bans and actions against them. For instance, just recently Facebook banned Huawei from preloading its apps.

Ren Zhengfei born 25 October 1944 is a Chinese entrepreneur and engineer. He is the founder and CEO of Shenzhen-based Huawei, the world’s largest manufacturer of telecommunications equipment and second largest manufacturer of smartphones. As of February 2019, he had a net worth of US$1.7 billion

Even though President Trump declared an emergency and blacklisted Huawei, the administration later delayed some trade restrictions on Huawei, allowing the Chinese tech giant to continue doing business with US firms for another 90 days. Huawei’s founder has warned conflict is “inevitable.”

It wasn’t long ago Huawei executive Shao Yang remarked in his keynote speech that the technology leader would be forced to delay its goal of becoming “the number one smartphone seller.” Avi Greengart claimed that “By placing Huawei on a US technology trade blacklist, Trump has effectively banned Huawei from building smartphones and tablets for sale outside China, and from selling laptops anywhere.”

Just after the blacklist, Google announce they would no longer provide technical support and collaboration for Android and Google services to Huawei.

Communal News explained why 5G is so important. The companies that control the standard not only become very wealthy and powerful, they could control information flow. The Snowden documents confirmed that the N.S.A. had a mischievous goal of using Huawei backdoors as a way for them to target Americans–or essentially doing exactly the thing they are accusing Huawei of try to do to the United States.

It was confirmed in documentation that Huawei was involved with accessing date through backdoor coding data and that the US tried to access and splice the gateway to spy on the Chinese who were spying on us. As this news slowly became mainstream Donald Trump declares the emergency and blacklisted Huawei.

Huawei Technologies Co. Ltd. is a Chinese multinational technology company that provides telecommunications equipment and sells consumer electronics, including smartphones, headquartered in Shenzhen, Guangdong, China.

Many claim Huawei poses a national security threat because it is beholden to China’s ruling Communist Party. American officials have presented no evidence to the public of any Huawei equipment serving as intentional conduits for espionage by Beijing. Huawei’s placement on the Entity List is widely seen as intended to persuade resistant US allies in Europe to exclude Huawei equipment from their next-generation wireless networks, known as 5G.  What a benefit to Qualcomm and their 5G plans! Huaawei was introducing many 5G building block products worldwide, even though Huawei was one of Qualcomm’s chip clients.

Ren said Huawei’s overseas cellphone sales will drop by 40%, confirming an earlier Bloomberg report. The Chinese market for Huawei is growing rapidly and Huawei will not allow restrictive measures to curb its research and development, Ren added.

The new authorization is intended to give telecommunications operators that rely on Huawei equipment time to make other arrangements, US Secretary of Commerce Wilbur Ross said in a statement.

Below are several of our Communal News reports on Huawei in recent months:

Trump’s Trade Wars, Tariffs, Sanctions, Bans; What’s Next?

Trump Declares Emergency, Blacklists Huawei

Google, Chip Manufacturers Join Huawei Ban

What’s the World’s Fastest Growing Smartphone Company and Do They Have Illicit Plans?

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Jay Black

I try to write fact based articles that most people won't. Lets improve this world including both Corporate and Government malfeasance. If you have a lead about a ethical failure please comment on my article or in many of my comments.

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