Huawei to pack less of a punch in the new year after bruising 2020, analysts say
By David Kirton
SHENZHEN, China (Reuters) – Huawei Technologies Co Ltd this year will likely see slower 5G enterprise and push further into software program program, whereas hoping its smartphones get a reprieve from U.S. sanctions which remaining year struck the chip-reliant coronary coronary heart of its group, analysts talked about.
Limited entry to high-end semiconductors means rationing all through China’s neighborhood enhance, they talked about, whereas the dissection of its mobile arm will ship Huawei tumbling down rankings whereas it continues to develop a proprietary working system.
China’s essential telecommunications instruments maker found itself on a U.S. commerce blacklist in May 2019 due to nationwide issues of safety. Huawei has repeatedly denied it is a menace.
That efficiently banned U.S.-based corporations from selling Huawei vital U.S. experience. Last August, the ban was extended to abroad corporations with …