PESTEL Analysis of Huawei Technologies.docx - PESTEL...

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PESTEL Analysis of Huawei TechnologiesIntroductionHuawei Technologies is a Chinese multinational networking, telecommunications equipment, and Services Company headquartered in Shenzhen, Guangdong. It is the largest telecommunications equipment manufacturer in the world. In 2018, Huawei became 72nd of Fortune Global 500 in Fortune Magazine. Since 2018, Huawei is the second largest smartphone manufacturer in the world. Huawei shipments at 54.2 million smartphones in the second quarter, for a significant 40.9 percent increase compared with the same period last year. Apple shipments, meanwhile, was set at 41.3 million units, for just a 0.7 percent increase. With these numbers, Huawei takes a 15.8 percent market share in thecutthroat smartphone market, while Apple holds 12.1 percent.PESTEL Analysis:Political:-Huawei faces an effective blanket ban in USA, it has been singled out as national security threats by the U.S. since a Congressional report in 2012.The US government has been making more significant moves against Chinese tech companies since December, although officials have been suspicious since before then (such as in 2014 when Huawei was banned from bidding for US government contracts). In a Senate testimony this past February, six major US intelligence heads warned that American citizens shouldn’t useHuawei products and services. The ban was signed into law on 13

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Term
Fall
Professor
NoProfessor
Tags
Networking, Huawei Technologies

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