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  3. The United States Justice department unsealed a case against the Chinese smartphone maker Huawei in January, which led to the U.

The United States Justice department unsealed a case against the Chinese smartphone maker Huawei in January, which led to the U.

admin2021-08-17  16
问题     The United States Justice department unsealed a case against the Chinese smartphone maker Huawei in January, which led to the U. S. banning Huawei technology from 5G network upgrades. But so far, the U. S. Ban hasn’t stopped Huawei from growing its business. According to the company’s 2019 Q2 financial report released on July 30, 2019, it surpassed 400 billion yuan (US$58. 3 billion) in revenue for the first half of 2019. The company said that it was able to grow its revenue by 23. 2 percent compared to the first half of 2018. Huawei was also able to further grow its market share throughout the consolidation of the Chinese smartphone market that has been decreasing in volume since 2016 and had arrived at a staggering 38 percent of Chinese market share at the end of June.
    The following chart shows Huawei’s annual revenue and share of the Chinese smartphone market from 2008—2019 (the first half of year).
                                        The Steep Rise of Huawei
    Revenue and domestic smartphone market share of the Chinese tech giant
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答案 Report on Huawei’s Business Growth and the Development of Chinese Smartphone Market Huawei is a leading global information and communications technology (ICT) solutions provider. According to the financial report, from 2008 to 2018, its revenue grows continuously. As of 2018, Huawei’s revenue rose 19. 5％ year on year to $ 107. 10 billion, and its growth rate was 3. 8 percentage points higher than that in 2017. As of the second quarter of 2019, its revenue has reached $ 58. 3 billion. Further, from 2014 to 2019 Q2, Huawei’s Chinese smartphone market share grows steadily. As of the second quarter of 2019, its Chinese smartphone market share has reached a new high of 38％, which is significantly higher than that of the whole year of 2018. Although the U. S. Ban has hit Chinese technology giant Huawei over the past few months, Huawei’s business is growing, and its revenue continues to thrive, which is inseparable from the wisdom and courage to grasp the trend of the times. So far, Huawei has remained China’s largest smartphone manufacturer and takes the lead in Chinese smartphone market share. The development of Chinese smartphone market is closely related with Huawei. The rise of Huawei will promote the prosperity of Chinese smartphone market. Huawei’s success is not accidental. In the wake of the U. S. Ban, Huawei’s contingency plans are surfacing. Years ago, Huawei anticipated today’s complications and has attached great importance to research and development and business continuity ever since. Chip is one of the major parts of Huawei’s contingency plans. In addition to smartphone chip, the company also has covered the supply of chip for servers, base stations, basebands, AI, etc. Further, the company improved a customer-centric all-scenario smart ecosystem based on its non-smartphone products including PCs, tablets, wearables and smart screens. They have also made serious efforts to support the domestic supply chain, so as to minimize the impact of the U. S. Ban. The measures above have improved Huawei’s ability to respond to the current complexities. Huawei’s smartphone is bringing favorable influence to China’s smartphone market. With the continuous expansion of its market share, its brand influence, respect for artificial intelligence technology, and emphasis on product strength are all influencing the development direction of domestic smartphone manufacturers. Huawei is rising at a high speed. On the one hand, it is squeezing the living space of domestic smartphone manufacturers. On the other hand, it is stimulating domestic smartphone manufacturers to continuously enhance their product strength and promoting healthy and rapid development of the Chinese smartphone market.
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