"This ban not only is unlawful, but also restricts Huawei from engaging in fair competition, ultimately harming U.S. consumers,” said Huawei in its filing. “We look forward to the court's verdict, and trust that it will benefit both Huawei and the American people."
Now, Huawei is needling the U.S. on less diplomatic terms courtesy of its current rotating chairman, Guo Ping. Guo goaded U.S. officials, stating in an interview with The Financial Times, “The US government has a loser’s attitude. They want to smear Huawei because they can’t compete with us. The U.S. has abandoned all table manners.”
Guo is confident in his swagger as Huawei just booked $100 billion in sales for all of 2018 – a first for the company. In addition, the company’s net profit increased a staggering 25 percent in 2018 compared to the prior year. Huawei has also forecast that its revenue will grow by double-digits in 2019.
Huawei is a fast-growing competitor in the global smartphone market, and is gaining quickly on first-place Samsung. Analysts expect that by 2020, Huawei could overtake Samsung to become the largest smartphone OEM in the world. Most recently, the company announced its new flagship P30 and P30 Pro smartphones along with the Mate X folding smartphone that had many in the tech sphere drooling (despite its $2,600 asking price).
In addition to its strengthening grip on the smartphone market, the company is also poised to become a pivotal player in the nascent 5G market as a leading provider of telecommunications equipment. According to Financial Times, Huawei currently has the most 5G contracts around the globe despite opposition from the United States and Australia.
At the moment, perhaps the biggest threat to Huawei’s business would be if the U.S. government decides to limit the transfer of technology from American companies. This would include Snapdragon SoCs and modems from Qualcomm and dominant software platforms like Windows (used in Huawei’s notebooks) and Android (used in Huawei’s smartphones).
However, Huawei has already stated that it has a homegrown replacements in case operating systems from Microsoft and Google are off the table. And on the hardware front, Huawei already has a healthy family of Kirin SoCs and Balong modems (including 5G versions) to fuel its smartphone growth.