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Huawei was hurt for sure. So is the US. Take a look at all the US chip stocks. They have gone down precipitously since Huawei was banned. The combined loss they
by deepVoid 7y ago
Huawei was hurt for sure. So is the US. Take a look at all the US chip stocks. They have gone down precipitously since Huawei was banned. The combined loss they took is larger than imposed on Huawei. Huawei getting hurt is only a temporary pain in the process. It is like the Sputnik moment for Chinese tech industry. China has realized this and is working hard to foster its own tech industry. China already has its own internet universe. Chip universe is only a question of time.