08-25-2023, 04:34 PM
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Huawei is like Apple – they are too big to fail. In truth, when the Trump administration – repetitively – announced new rounds of export restrictions specially designed to cut off overseas manufacturers from supplying semiconductors to the Chinese telecom-equipment manufacturer, the POTUS knew his efforts to isolate China’s tech giant would fail miserably.
It was absolutely funny that Donald Trump continued to punish Huawei Technologies Co. when the company was already on export blacklist imposed by the U.S. Commerce Department. Even more hilarious was when Joe Biden continued to flog the dead horse – announcing more plans to cut off Huawei from American suppliers. Exactly how long does it take to kill the Chinese company?
Despite two U.S. presidents and a truckload of “executive orders” signed to ban Huawei and other Chinese companies from getting access to the so-called advanced U.S. computer chips, it appears Huawei is still alive and kicking. In fact, Huawei’s smartphone business is “on the road to a comeback” – its share of the domestic smartphone market share grew by 76.1% in the second quarter this year.
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