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pulse14 t1_jdo9i57 wrote

Huawei is a negligent company that is now in serious financial trouble. The core tech they have been using is owned by the western companies that developed it. They undercut the competition by removing essential security features and utilizing multiple occupied bandwidths. They were also found guilty of multiple cases of fraud. Don't forget China supposedly had the world's largest real estate development company and largest coffee chain. Both were fabrications. Huawei lost access to western tech last year after refusing to address security and legal concerns. Their reported revenue from selling devices dropped 40% year over year. They aren't currently selling 5g devices. Their CEO acknowledged the company will be insolvent if they can't quickly find access to 5g chips, and their five year outlook is bleak.

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0pimo t1_jdpjog4 wrote

China is going to be in a rough spot once they can’t steal technology from western companies any more.

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