Funny atmosphere for a launch. Richard Yu, CEO of Huawei Consumer, enters the scene. In front of him is a huge, empty room. And for good reason, it is in Barcelona, where the Mobile World Congress (MWC) was to be held before its cancellation. Only a handful of Spanish journalists are therefore present.
Read also: Deprived of the Barcelona show, the Chinese telecom groups will multiply ads
It is not the only paradox of this day. Despite the embargo instituted by Donald Trump since May, the group posted sales growing by 17% in 2019, with 240 million smartphones sold worldwide. This volume makes the group number two in the world, with a market share of 18.8%. And at the start of 2020, Huawei is already on 5G. In January alone, it has already sold more than 10 million 5G terminals, which places it at the top of this category.
But Huawei faces a huge strategic problem. Indeed, Washington has prohibited American companies from trading with him. He can no longer use the commercial version
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