Technology is a fickle industry. It’s also not immune from politics. This has never been clearer than in the midst of the trade war between China and the USA. With the Trump administration essentially banning Huawei business in the biggest economy in the world, many expected Huawei to implode under the pressure. While there may still be far reaching repercussions, in the first half of 2019 Huawei revenue increased by 30%.
Towards the end of 2018, Huawei was expecting revenue growth of 21% for 2019, as 5G was seen as a major regulatory roadblock. Nevertheless, Huawei have powered through the politics to show more impressive growth due to ever more impressive device sales (not only in smartphones, but laptops as well).
We were extremely impressed with the Huawei P30 Pro and last year’s Mate 20 Pro. We are also excited about the Mate 30 Pro being launched soon. And we do expect Huawei device sales to remain extremely strong. But one thing is clear – Huawei’s future relies heavily on their ability to roll out and maintain 5G networks worldwide. It’s clear that their technology is as advanced – if not more so – than any other players in the market, and this is why many people think the USA is blocking their products. The USA won the 4G race, but they are far behind in 5G and want to slow China down.
Whether or not this is true, we are sure that this tug-of-war will continue for the time to come. Regardless, the Chinese giant is still pushing hard in research and development to become the biggest smartphone manufacturer in the world by 2020; they are currently third worldwide and second in South Africa, having just passed Apple. Huawei is poised to sell around 250 million devices in 2019.
Its extremely impressive that Huawei revenue increased in this volatile period. Let us know what you think in the comments below.
Here’s a throwback. Our first Huawei review video from 2016: