"MADE IN CHINA" a tag that brought the biggest revolution in world-leading marketplaces so far. From simple gadgets to complex telecommunication systems, China has made its own way to progress and proved his competency. Many developing countries or underdeveloped countries totally rely on Chinese products for their lively hood because these countries lack the potential to manufacture their own products or selling companies. Turning towards telecommunication business and industries once again China got a bigger name in world-leading telecommunication firms. Huawei ( a name of a journey from manufacturing phone switches to becoming a world's largest smartphone selling company in April 2020) manufacturing area not just includes smartphones but laptops( Matebook), tablets, digital watches, and Freebuds.
Huawei a name showing " China has promised" shown the world how promise abiding nation they are. Full of competency and capability, Chinese Huawei company firstly overtook Ericson( Swedish multinational networking and telecommunication company). After more struggle and expanding its services to more than 150 countries, Huawei reported annual revenue more than Apple in 2018. But 2019 remains a bit tough year for the corporate sector of Huawei as the US and its allied countries banned Huawei for core issues such as its splice with the Chinese government and its products might be used for secret service by spying on other countries and their companies. The general counsel of the FCC, Brendan Carr says: "The US can not treat Huawei as anything other than a threat to our collective security"
All these accusations and allegations were denied by Huawei and continue its long journey towards more success.
Huawei ranked 2nd biggest smartphone selling and manufacturing telecommunication industry in 2019 after Samsung. Following US ban it was rumored all around that Huawei will face downfall in its annual revenue in 2020 and afterward, but shockingly according to many analysts, Huawei got a greater number of smartphones shipping out to the world than any other smartphone company and also a great number of purchases were recorded domestically bringing it to the top list of smartphone selling companies in the world leaving behind Samsung even.
In a press release, Huawei contended that their revenue and net profit rises to almost 13.1% and 9.2% on an annual basis.
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