The United States banned the use of huawei products in government departments in 2018 and initiated various controls. The results have been considerable. The Washington Post reported earlier that the U.S. authorities’ tactics have worked and Huawei’s overseas markets have been hit quite hard.
Sales of Huawei’s smartphones outside of China have collapsed due to the U.S. export ban. Huawei’s phones do not have access to the Google Play App store, which means users of the company’s phones cannot use many of Android‘s services.
The United States has also succeeded in convincing allies to abandon the adoption of Huawei’s telecom services based on security concerns.
The U.S. has decimated Huawei’s global reach, with revenue in markets such as Europe and North America falling steeply by double digits, according to a 2020 financial statement released today by Huawei’s Shenzhen headquarters.
A senior Huawei source said in an interview with U.S. reporters yesterday that last year was “a very tough year for Huawei” and that U.S. export controls “had a huge impact on Huawei, especially for Huawei’s consumer business.”
The senior Huawei source added that the company has not yet seen any signs that the Biden administration will ease up on Huawei.
Some analysts say the U.K.’s decision to ban Huawei equipment from its wireless network last year under intense U.S. pressure has had a chilling effect on other European countries.
“The U.S. government’s efforts to curb Huawei’s rise are starting to pay off,” noted Stefan Pongratz, an analyst at market research analyst Dell’Oro.
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