NEED A CONCLUSIONS OF THE ARTICLE Introduction China is a global economic powerhouse whose influence on global markets i

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NEED A CONCLUSIONS OF THE ARTICLE
Introduction
China is a global economic powerhouse whose influence on global
markets is widely acknowledged. The 20th-century technology leader
in the USA . This cultural emphasis was instilled by the president
of China, who has highlighted efforts to build up China’s Sci-tech
self-reliance and enhance cultural confidence, constantly bringing
up this discussion to scholars specifically. globalization,
indigenous innovation, and the ongoing growth of China’s domestic
markets are the key factors to its successful technological boom
over the past few years .
Huawei is a China-based global provider of information and
communications technology infrastructure and smart devices, founded
in 19876. Every year, Huawei invests over 10% of its sales revenue
into R D. They’re customer-centric, but they also have a good grip
on the factors impacting their industry, plotting trends and making
them. Focused on sustainable development and industry
development.
Promoting renewable energy
Huawei provides these services by working simultaneously with
Vodafone, T-Mobile, British Telecom, and Orange, also known as
leading telecom operators worldwide.
The company has established a name for itself and has also made
itself a valuable telecommunications brand worldwide
Chinese tech giant Huawei reported its first yearly revenue
decline in 2021. The company is investing heavily in new areas,
including the automotive industry and tech development, countering
U. Its high key focus is on expanding its presence in emerging
markets like India, China, and Southeast Asia.
In 2020, Huawei established 1500+ successful networks across
170+ regions and countries, providing their services to almost 3
billion people worldwide . Such an extensive network allows Huawei
to engage with more customers and expand its target market to
compete with brands like Samsung in developing as well as developed
regions. The US banned Huawei phones under the allegation that they
could contain backdoors enabling surveillance from the Chinese
government .
Huawei Weaknesses 2021
It prompts the debate whether Huawei products should be used or
are an extremely risky option in terms of privacy. The company has
faced a ban from Japan, Australia, Taiwan, New Zealand, and the U.
Whilst UK has only partially banned the company limiting its growth
by 35% in the new market of 5G technology . These are the major
economies, and due to a ban in these economies, the company will
experience a great deal of loss in its revenue and will lose a
great deal of its market. Due to the partial ban imposed by the UK,
the company has suffered a great loss in the market share of the UK
compared to its competitors.
Competitors like Samsung have a market share of 28.87%, and
Apple has a market share of 51.62%, whereas Huawei only has a
market share of 6.85% percent .
Huawei Threats 2021
Any new entrant could join the market and wipe Huawei’s presence
by introducing a couple of technological advancements. Huawei has
already faced bans from major economies, and due to the bad
publicity, this has made other countries consider banning the
brand.
Huawei SWOT Analysis
Coming to a conclusion, it can be noticed from the SWOT Analysis
above that Huawei is a valuable and prominent brand in the
telecommunications industry.
PESTLE Analysis of Huawei
Huawei falls under the category of ICT – Information and
communication technology. Ever since the establishment of the
company in 1987, the products and services of the Huawei have
spread across 170 countries. The total annual sale of Huawei is
roundabout more than 39 billion US dollars. Currently, Huawei is
working in industries like big data, cloud computing,
software-defined networking , and the internet of things
.
One of the interesting facts about Huawei is that it’s a
people-owned-company. The trade union committee and its affiliate
Shenzhen Huawei Investment Company holds the rest of the shares of
the company. According to an estimate, 64% of the employees of
Huawei hold shares of the company. We can say that Huawei’s
employees are also the shareholders of the company.
In the PESTLE analysis of Huawei, we’ll discuss how external
forces like political, economical, social, technological, legal,
and environmental factors affect the whole functionality of the
company.
Huawei’s market is a big company, and it sells smartphones
across the world. Especially Huawei’s smartphones are popular in
western countries. If things go smoothly, then china would keep
selling smartphones in the western market.
Huawei’s president transfers those jobs to the research center
in Canada because he says that the next sanction would restrict
Huawei to communicate with its employees in the US.
Local Market in China
As we know that Huawei sells a large portion of its product
worldwide. However, the company’s macro environment policy is not
limited to the outer market. There’s been an increase in the sale
of Huawei’s smartphones in the local Chinese market.
Chinese New Policies Increasing Labor Cost
It’s no doubt that the sale of Huawei’s smartphones has
increased a lot in recent years. But the Chinese government is
introducing new labor protection laws that would cause an increment
in the labor cost.
Growing Demand Poor Quality
People used to consider it awkward operating smartphones in
public places. Now it has become a common practice worldwide.
Huawei is a Chinese company, and many US customers put Huawei in
the same category. Therefore, the company has to fight this label
with better marketing strategies.
5G Technology
5G technology is the growing interest. All smartphone
manufacturers are researching and developing their products to be
the first in the industry.