Huawei is the global network equipment market leader, with annual sales exceeding US$100 billion.
The latest survey by the British Financial Times (FT) Investment Reference shows that driven by patriotism, the brand popularity of China's major communication equipment manufacturer Huawei in China has surged, and mobile phone sales have also increased.
Many countries are worried that China may use Huawei's products to collect intelligence. Under national security concerns, some countries have banned Huawei from providing 5G network technology, or ban Huawei-related companies from participating in official bidding; US Secretary of State Mike Pompeo called on Eastern European countries to boycott Huawei products during a recent visit.
According to a survey by the Financial Times Investment Reference (FT Confidential Research), the strong resistance of many countries to Huawei triggered patriotism in China, and thus pushed up the sales rate of Huawei mobile phone in China. A survey conducted by
FT in January showed that when asked Chinese consumers which brand of smartphones they plan to buy next time, Huawei accounted for 40% of all responses, a 30% increase from November last year and the same period last year.
Huawei's market share in China's smartphone market reached 27% last year. Experts believe that Huawei has achieved remarkable results in enhancing its brand image through technological innovation. In the Chinese market, it has become the only brand that can compete with Apple in this regard.
