Huawei’s long awaited plan to get into America’s market seems to fall apart. It carried AT&T to America and failed to get a deal at the last minute. As reported on Forbes, the deal failed because of political pressures. The report said that the U.S. Government might fear that Huawei would spy on them by means of the products. However, the refusal would not keep Huawei business from growing. The company is optimistic that it can still grow without getting an entry to America’s market.
How Huawei Business Is Growing Without America
The U.S. Government seems to worry about the cyber-espionage, even though it had not provided any proof or clear explanation on the reasons. Actually, Huawei would not put its business at risk with cyber-espionage. It may ruin its global reputation when it inserts ‘something’ to spy on another country. So, why does the U.S. Government worry about Huawei business in its country while Europe and Asia don’t?
Actually, Huawei also faced doubters when it first came to China. The same case applied when it entered Japan and Europe. But finally, the company won the trust in those markets. Now, Huawei business is reaching more than 70 million people around the world, as reported by Richard Yu – the company’s chief or consumer business group. The company has proven the quality, privacy, as well as security protection in its products.
The company is building network equipment and reaching more than 170 countries in the world. Yes, it is now one of leaders in the development of 5G development. The company, along with other carriers, set a plan to launch 5G networks by 2020. However, some reviewers believe that the Huawei will be able to roll out 5G in 2019.
Huawei Business Keeps Growing Fast
Actually, the company has planned to enter the U.S. since few years ago. Its failure to get permission will not ruin the business, nonetheless. Huawei has a strong reason to keep confident with its business. Within a relatively short period, it becomes the world’s number three phone maker. Yes, Huawei needs only six years to reach the position. So far, the company can achieve the targets it specified when it first launched the business in 2011.
In 2011, the company set a goal to be a fast-growing company in ten years by earning US$100 billion. According to the 2016 report, the company has hit a total of $92 billion, only five years after it set the goals. It is easy to predict that the company will reach its goal in the near future. As Yu noted, the company has set a plan to grow even further in 2018. The goal of Huawei business is to create a connected world. In 2018, its main emphasis is to build a connected ‘intelligent’ world.
For instance, the company introduced Huawei Mate 1o Pro at CES this year. It also introduced a smart router, which allows pairing of the main box with 16 satellites. This certain enables the network to cover larger area. Given those facts, we can believe that Huawei is enjoying a steady growth despite lack of the support from America’s markets. So, there is nothing to worry about, right?