Huawei, the Chinese tech giant, is currently experiencing a remarkable resurgence in the tech industry. Despite facing challenges due to the escalating tensions between the US and China, Huawei has made significant strides in various aspects of its business.
One of the key achievements for Huawei is the widespread adoption of its in-house operating system, Harmony OS. With over 900 million smartphones now running on Harmony OS, Huawei has demonstrated its ability to develop and control core technology independently.
The introduction of Harmony OS, also known as 'Hongmeng' in Chinese, came in response to the US trade blacklist that restricted American companies from supplying tech and software to Huawei without a license. This move forced Huawei to pivot and develop its operating system, leading to the impressive milestone it has reached today.
While Huawei has faced allegations of posing national security risks, the company has consistently denied these claims. Despite challenges in the past, Huawei has managed to bounce back and regain its position in the smartphone market. Sales of its flagship smartphones have seen a significant increase, signaling a strong comeback for the company.
In addition to smartphones, Huawei has expanded its business into new areas such as electric vehicles and artificial intelligence. The company's foray into these sectors has positioned it as a formidable competitor in the tech industry.
Huawei's success has not gone unnoticed, with industry experts acknowledging its achievements. The company's net profit has soared, and it has recorded impressive revenue growth in recent years. Furthermore, Huawei's impact on the smartphone market has directly affected competitors like Apple, with Huawei gaining ground in the premium segment.
Overall, Huawei's resurgence serves as a testament to its resilience and innovation in the face of adversity. As the company continues to expand its presence in various sectors, it is poised to maintain its position as a key player in the global tech industry.