The situation with the US government actively imposing sanctions on Huawei has shown that the restrictions are not paying off – everyone is suffering, not just the Chinese company. For example, thanks to recent restrictions, Japanese companies supplying chips to Huawei are risking billions in revenue.
JAPANESE COMPANIES SONY AND KIOXIA RUSH HUAWEI
In order not to lose money, according to the latest data, the Japanese companies Sony and Kioxia have asked the United States for permission to continue doing business with Huawei. It should be noted that Intel has already obtained a license to supply chipsets to the Chinese giant
As a reminder, Huawei is one of Sony’s most important partners for camera sensors. Another Japanese company, Kioxia, is one of the world’s leading manufacturers of flash memory chips.
Kioxia, a Toshiba subsidiary, warned that delivery restrictions for Huawei could lead to an oversupply of memory cards. Due to the current uncertainty, the company had to postpone its multi-million dollar out-of-the-box spending plan.
Sanctions against Huawei have forced Sony to cut its spending plan three years in advance, as it currently runs a $ 1 billion shortfall due to its inability to supply camera sensors. to Huawei.
Interestingly, these two companies are not the only ones “saving” Huawei’s business. The main competitors of the Chinese company Samsung Electronics have also been nominated.
SAMSUNG IS GROWING, HUAWEI BECOMES AND APPEL BECOMES THIRD IN AUGUST
At the end of August, Samsung regained its leadership in the smartphone market. According to analysts at Counterpoint Research, the South Korean giant controls 22% of the mobile device market. It is not a bad achievement. The first half of this year was quite difficult for all companies due to the pandemic and the coronavirus crisis. But it seems that the situation is gradually stabilizing.
The US sanctions have also done their job, causing demand for Huawei’s products to decline, which ended the previous month in second place with a 16% market share. Remember, the Chinese company has been a leader in smartphone manufacturers since April this year.
Samsung owes its success mainly to the Indian market, where it has managed to consolidate its position. But here, too, politics has influenced the company’s success in the local market. Anti-Chinese sentiment in recent months due to the land dispute between India and China has resulted in increased demand for Samsung products and a boycott of Chinese products.
At the end of August, there was Apple, whose share is estimated at 12%. The fourth line of the ranking of the largest smartphone manufacturers was occupied by Xiaomi with 11%.