2 ways Huawei could overtake competitors after addressing setbacks in 2020 - Business Insider

to cheap capital, which will help it gain an edge over competitors that are chiefly concerned with weathering an economic downturn. Huawei's concentrated market share in China, which accounted for 59% of Huawei's total revenue in 2019, will help sustain cash flows in 2020. Last Thursday, China reported than 100 new daily cases of coronavirus, suggesting transmission could be slowing in the region while most other countries are still bracing for the pandemic's peak impact.

After the UK balked at US requests to bar Huawei networking equipment for 5G, US officials were said to have taking a controlling stake in a competitor, such as Ericsson or Nokia. While this still seems like a remote possibility, moves by Huawei to attain more favorable positioning in a tough economic situation could help make the case for some form of increased state support of competitors.

__maelchristian

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet Zoom billionaire Eric Yuan, who's made $4 billion in 2020 so far - Business InsiderMeet Eric Yuan, the founder and CEO of Zoom, who has made nearly $4 billion in 3 months as usage of his video conferencing software skyrockets amid the coronavirus pandemic Not surprised … we have been using it almost daily! With the current global health crisis, hopefully, we see a fix real fast on Zoom's privacy and security issues. We need true end-to-end encrypted services, Iot network that will secure and power our future. The Future of Privacy iotex_io OwnYourPrivacy maralsd эдний хувьцаа гараад олигтой яваагүй анхны үнээсээ унаад л бсн, тэвчээртэй барьж бсн нөхдүүд л хожлоо доо, одоо зараад салдаг цаг
Source: BusinessInsider - 🏆 729. / 51 Read more »