US sanctions harm the US itself: Huawei commented on the results of the annual war between the US and China

A telecommunications company that fell under the U.S. sanctions as part of a trade war between the US and China Huawei She told how she survived the last year. We have chosen the main thing from the speech of the leadership at today’s conference.

• It was a very difficult year for Huawei. She experienced a real shock from the restrictions on her activities from the United States – a real chaos was happening inside the company. As a result, as part of the development of its strategy, the manufacturer spent a lot of time discussing the situation with partners, employees and customers, and now thanks them for their understanding.

• Due to restrictions on access to certain technologies, the company had to significantly increase its investments in the research and development department, immediately 30%to close the gaps that have arisen due to US sanctions. It is reported, in particular, that Huawei has spent a lot of effort and financial resources on the redesign of software code and various elements of its ecosystem. The management notes that it has the experience to continue to function stably, despite the sanctions, and calls its brand strong.

• The company sees the future in a unified 5G standard, which, among other things, involves traveling people between countries without communication difficulties. Huawei points out that during the 2G era, US companies that promoted their own communications standard were eventually squeezed out and lost leadership in the global market. European states have taken the open path with unified standards and, as a result, have benefited from this. Now, according to Huawei, there are no alternatives to 5G technologies at all.

• Any company, whether it’s a telecom operator or a hardware maker, and users benefit from a unified standard, said Huawei. The company believes that international manufacturers and organizations will support the trend towards unification, and it will support their decisions, helping them to develop.

• In general, Huawei now has big plans for Europe. The company has been working in this region for a long time with users, organizations and directly official representatives of countries, providing technologies for various segments of production and business, including telecommunications and the computer market. Huawei hopes to continue to offer its market solutions for European ecosystems, such as open platforms and AI-based solutions. In partnership with other companies, the Chinese giant is promoting the digital economy, 5G and optical communications.

• As a result of the sanctions, Huawei has increased investment in its own Huawei Mobile Services (HMS) to offer an alternative to Google services.. Now more than 1.4 million developers are helping develop the ecosystem of Huawei and are essentially engaged in its creation. The manufacturer is actively cooperating with local European companies that contribute to filling the system with content. One of the main strategies is to prioritize local requests, applications, services and the developers themselves.

• Due to U.S. sanctions, Huawei missed $ 12 billion in revenue over the past year. It has also become more difficult for her to sign new contracts. In this regard, the company thanks its closest partners and customers for further support.

• Huawei noted that it can do certain things on its own, without any outside help, but still not all. Now she intends to do everything possible to survive in the market under sanctions.

Huawei’s official sanctions statement:

“Huawei strongly objects to the US Department of Commerce’s amendments to the Foreign Direct Product Rule directed directly at Huawei.”

On May 16, 2019, the U.S. government, without explanation, listed Huawei on the Entity List. Since then, despite the inaccessibility of a number of key industrial and technological components for us, we have diligently followed all the rules and regulations established by the US government. Along with this, we fulfilled our contractual obligations to customers and suppliers. We walked forward, no matter what.

However, in its relentless pursuit of further crushing our company, the US government decided to take further steps, ignoring the concerns of many companies and industry associations.

This decision was unlawful and disastrous. It threatens to undermine the industry on a global scale. The new rule will affect the ability to expand, maintain and support the continuous operation of hundreds of billions of dollars worth of networks that we have deployed in more than 170 countries.

It will also affect the communication services provided by more than three billion people who use Huawei products and services around the world. In an effort to attack a leading foreign company, the US government deliberately neglects the interests of Huawei customers and consumers. This contradicts his claim that this decision is dictated by network security considerations.

A similar decision by the US government affects not only Huawei. It will have a major impact on many global industries. In the long run, this will undermine trust and disrupt cooperation within the global semiconductor industry, which supplies many industries. As a result, the number of conflicts will increase and losses in these sectors will increase. “

Read also: Huawei P40 Lite E review – testing a new smartphone with a bright design and a triple camera.

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