Huawei 2018 drama
Hauwei, which is known as the world's largest telecommunications provider and second-largest smartphone maker had a really tough year—through the beginning of 2018 till now.
At the start of this year, Verizon and AT&T eliminated the likelihood of selling phones made by Huawei, which was accused to been in clover with the Chinese government, Best Buy also out rightly banned all of its products.
The behest of the US authorities in Canada, arrested Huawei Chief Financial Officer Wanzhou Meng, the daughter of Zhengfei Ren the founder.
The charges Meng faces include the utilization of American banks to help with the sale of equipment to Iran in violation of the imposed US sanctions, however, on the 11th of December she was set free on bail.
Huawei maintains that she's innocent. A company spokeswoman stated as a matter of fact but refused to comment further on the incident.
Earlier in the year, Hauwei overtook Apple as the No. 2 smart-phone player, but now the controversies could hurt its prospects with consumers; take for instance the Huawei Mate 20 which is a top-tier phone, it's too bad you can't buy it at any US carriers or Best Buy.
One question left hanging is that; would this setback mess with Huawei's momentum in the phone business? One sure thing is that, it is definitely going to be a challenging time for Huawei.