As a Chinese company, Huawei has become a leader in the global technology industry with its outstanding performance in the fields of mobile phones, chips, and communication equipment. However, it has also aroused jealousy and resentment in the United States, which has joined forces with other countries to suppress Huawei and try to limit its development. Especially in the field of 5G applications, mobile phone chips and communication equipment, the actions of the United States have had a certain negative impact on Huawei.
However, the situation is changing, especially in the field of communication equipment. Huawei has gradually conquered the European market with its high-quality and competitive** products, and surpassed Nokia and Ericsson to become the largest communications equipment supplier in the European market. However, after 2020, due to the influence of the United States, countries such as the United Kingdom and Sweden stopped purchasing Huawei equipment and dismantled the equipment that was already in use. France and Germany, which had a positive attitude towards Huawei's products, also had to compromise under pressure from the United States and abandon plans to use Huawei equipment.
However, despite the crackdown by the United States, Huawei's market share of communications equipment in Europe remains strong and gradually progresses. In France, in particular, Huawei plans to build its first overseas factory in the country, with an investment of up to 200 million euros. The plant will produce chips and components for 4G and 5G base stations, providing more convenient communication equipment solutions for European customers. This was a win-win situation for both Huawei and France, but due to US crackdown, the project was delayed by four years before it was finalized.
However, it also demonstrates Huawei's strength in the field of communication equipment. Despite the restrictions imposed by the United States, Huawei was still able to maintain market share growth, and Nokia and Ericsson still could not surpass Huawei's market share. In fact, the combined market share of the two companies is comparable to Huawei's. This also made Nokia and Ericsson realize that Huawei's development momentum in the field of communication equipment has far exceeded expectations.
In the face of US suppression, the attitude of the European market towards Huawei has changed. They realize that there are no clear benefits to following in the footsteps of the United States, and on the contrary, many European companies have been affected by the difficulties faced by Huawei. For example, European semiconductor companies such as ASML have experienced a decline in revenue and profit due to the impact of Huawei's ban.
As a result, Europe has begun to change its attitude towards Huawei and no longer blindly follow the US crackdown. In particular, France is willing to support Huawei's development in Huawei's factory construction project. They understand that restricting Huawei from building factories in France will not have much impact on Huawei, on the contrary, it will stifle the improvement of the French industrial chain and the creation of a large number of jobs.
As a Chinese technology company, Huawei has demonstrated strong competitiveness in the global market. Despite the crackdown by the United States, Huawei has been able to grow steadily in the field of communication equipment and succeed in the European market. This reflects Huawei's strength and competitive advantage. European markets have also come to realize that following the US crackdown has not brought any benefits, on the contrary, they have been negatively affected. As a result, they began to change their attitude towards Huawei and support Huawei's development. This will have a positive impact on Huawei and the European market, and it is also a positive change.