Published 14:33 IST, September 17th 2019
Despite US ban, Huawei emerging as tough competitor in tech market
Even after facing the US ban, Huawei is still emerging as a tough competitor in the tech market. Donald Trump banned Huawei products with a security order.
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US President Donald Trump banned Huawei products with a national security order on May 15. But long before President Trump started threatening cutting of Chinese telecom in US, Huawei's maker invested money to research ways to reduce its need for American supplies. This is reason that even after facing US ban, Huawei is still emerging as a tough competitor in tech market. Huawei's founder also said that inste of leaving company in ruins, restrictions in export have me Huawei stronger because it has forced company's manrs to narrow ir resources down to ir most important products.
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second-largest smartphone brand
Unticed to Americans, Huawei Techlogies Ltd is second-largest smartphone brand in world and biggest maker of switching gear at core of phone networks. Out of 50 global phone carriers, Huawei equipment is used by 45 of m. Chinese telecom is also considered as pioneer in emerge of next-generation or 5G. company t only promises speedy internet services but also support futuristic applications like self-driving cars. 'next generation' approach has ended up raising security concerns in Western countries, making 5G a politically sensitive issue.
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US accused Huawei
United States accused company of using aid for Chinese spying. se allegations have so far been denied by Huawei, and American officials have also t provided any evidence. Huawei was dependent on US for some invations like Google services that are available on Android phones. However, experts of tech industry believe that Chinese telecom is self-sufficient. It has alrey spent 485 billion yuan or $65 billion on research and development in last ten years. Bengt rdstorm of rth Stream, a research firm in Stockholm said that Huawei has a strategy in place to become completely independent from US techlogy. However, ir phone sales might suffer as Google services in smartphones are disrupted by dition of company to US Commerce Department's 'entity list'. This list me it compulsory to get permission from government to buy any kind of American techlogy.
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13:26 IST, September 17th 2019