May 28, 2022


Accounting + Finance Blog

Huawei is leaving the US Market. Probably for Good


Huawei plans move from the U.S market is more real than speculated. Information posted in New York times proves this, without any doubt. The tech giant base in China has recently sacked five important American staffs. It also laid off its famous America lobbyist.

The phone maker has been accused by Washington to have a special relationship with the Chinese government, so the fear of Huawei leaking important info to the Chinese. The US security agencies, FBI, CIA and NSA has urged Americans not to use the Huawei brand of smartphone.

Also, the Federal Communication Commission, FCC, in America, on Tuesday, has voted a new rule that may destroy Huawei’s business in the U.S, even though, the commission do not mention the name directly.

Huawei market share in the U.S is infinitesimal, little necessary for the OEM to continue pushing its muscles in the country.

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