Huawei Technologies reported a 29% revenue drop during the first half of 2021. With all the turbulence, this was not totally unexpected and has occurred for a variety of reasons. However, it all started with the pressure exerted by U.S. regulators on the company.Let’s take a closer look at Huawei, their growth plans and potential, and what to expect going forward.
Huawei and Qualcomm are the top two competitors in the rapidly growing and evolving 5G wireless networking space. They are also in the smartphone, tablet and handset space.