Thursday, March 08, 2018

Huawei is a giant now, and there are real reasons why America is so afraid of it

Just one read of the introduction summary of Huawei on its current Wikipedia article is enough to thoroughly impress the reader. Huge number of employees, huge revenue, huge profits, vast number of countries served, huge spending on R&D [spread across the world], large proportion of employees engaged in R&D, very wide product portfolio, and so on. In short, impressive in everything it's doing. And it's growing by leaps and bounds. No wonder the US is scared of Huawei. To the point that it's routinely using lame excuses to slow down Huawei's growth [it won't work]. The fear is real. In Asia, Europe and elsewhere, Huawei is stealing business from American competitor companies. Huawei is making innovations which threaten America's current lead in electronics/semiconductor technology. Huawei is earning China truckloads of foreign exchange through exports. And in a way Huawei is also an instrument of China's foreign policy. America is rightfully frightened by Huawei's rapid ascend, but fortunately it cannot and will not be able to stop Huawei's - and China's - rise. America's era is fading away.

No comments:

Post a Comment