ABOUT HUAWEI

Huawei is an independent privately-held company that provides information and communication

technology infrastructure, products, and services.

They serve three main types of customers globally:

•Telecom operators that provide Internet, broadband, wireless, plus fixed and mobile phone services
•Institutions, organizations, and private industries engaged in areas such as finance, energy,
transportation, and manufacturing
•Consumers who buy our smartphones, smart watches, laptop computers, and other devices
We have a solid 30-year track record of delivering trusted and secure products and services.

Huawei founded in 1987 in the southern Chinese city of Shenzhen. Since then Huawei grown to become
the world’s largest supplier of telecommunications equipment and the second-largest manufacturer of
smartphones.

Huawei employs 180,000 people in more than 170 countries. They are a market leader in many
countries across Europe, Asia, and Africa. More than 3 billion people use Huawei products and services
to make calls, send text messages, or surf the internet.

FINANCIAL RISKS EXPERIENCED BY HUAWEI

• FOREIGN INVESTMENT RISK and INFORMATION TECHNOLOGY RISK

In May this 2019 it was announced that Google and other businesses that trade in Unite States have
charge to change the way they deal with Huawei. The chinese giant was blacklisted by the US, because
of national security threat. Trump said that Huawei is a big concern of their military and of their
intelligence agencies. After that Australia and Japan have blocked Huwaei from involvement in their 5G
networks. Multiple retailers and networks around the world have had stop dealing with Huawei for fear
of sanctions from the US government. It’s problematic for Huawei because they can’t preload their
future phones with Google apps like Maps, Youtube and the play store or Google assistant which widely
used by the consumer worldwide.

SOLUTION MADE:

US Commerce Department issued a temporary license for Huawei to work businesess with the US,
meaning US companies can resume partnerships with the brand on a short term basis.

As a contigency, Huawei still developing its own operating system thought to be called Ark OS (or
HongMeng OS in China). This has now revealed as HarmonyOS but it is not based on Android at all.
Submitted and Prepared by: Magsino, Kathy Cate T.