Huawei turns to other businesses to make up for its loss of the smartphone market

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Huawei turns to other businesses to make up for its loss of the smartphone market - Huawei

Huawei

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Chinese language tech large Huawei has had a blended bag of fortunes inside the previous yr. It had come beneath extreme and debilitating restrictions by the US authorities which accused it of being a entrance for the Chinese language authorities and as such, an enormous safety risk that US companies mustn’t relate with. The influence of the ban remains to be being felt by the tech large because it altered considerably the expansion plans of its smartphone enterprise and led to the gross sales of the Honor model to shore up its funding and presumably make sure the Honor smartphone arm didn’t collapse beneath the burden of the sanctions.

Huawei nevertheless continues to insist that it had no ties with the Chinese language authorities and isn’t on any espionage for the Chinese language authorities. It claims it has suffered a grave harm beneath the unfair and unwarranted US restrictions which have fully alienated the corporate from its US suppliers. Huawei has been unable to entry 5G chips and {hardware} for its base stations, in addition to software program elements for its flagship 5G smartphones.

Now, Huawei is popping its consideration to different enterprise fashions and considered one of them is about offering its superior tech experience to help pig farmers to personalize the monitoring and weight-reduction plan course of by utilizing facial recognition know-how. That is in addition to quite a lot of non-core technological areas the corporate is regularly delving into like mining. Earlier on, it was revealed that the pc was additionally shifting focus to cloud computing.

Huawei continues to develop its model alongside these non-core traces because it seeks to come back out from the burden of the US sanctions, which trade watchers say may not be lifted anytime quickly even with the change of presidency from Trump to Biden.

The corporate, it needs to be said, has not fully jettisoned its smartphone enterprise. It’s nonetheless pursuing development in that phase, with a scheduled launch of two high-end smartphones shortly deploying its Concord OS on the units. This might be a major leap for the corporate, because it continues to sidestep the US restrictions.

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