Huawei's supplies collapsed due to US sanctions
New US sanctions have stripped Huawei of key software, including various chips. As a result, the manufacturer, which once ranked first in the world, is now far behind its competitors and is only sixth in the smartphone market. The share of the manufacturer Huawei is estimated at 8 percent.
The Chinese manufacturer has fallen far behind Oppo and Vivo, while Apple and Samsung have left it far behind. Apple has recorded record revenue growth of over 100 billion dollars.
Huawei has been under US sanctions since May 2019. First, the United States imposed a ban on technology and supply of Huawei processors for equipment. The US accused Huawei of cooperating with the Chinese military and collecting information.