I'm glad China tackling the American spyware problem. A democratic government can't allow its citizen to be victims of espionage by a racist imperialist state. We can't allow Sleepy Joe to have access to Chinese citizens' personal data.
lol the funny part is that now we can say capitalism no Huawei phone since US banned them. Gonna be funny once Huawei phones become more desirable than Apple around the world. ๐
We've not even really seen the start of the consequences of BRICS expansion yet. Do you think China is just doing some teasers so it's not so much of a shock to the west when the rug is swiped from beneath imperialism?
Now I just hope Huawei gets to do business in the rest of the world. I don't want my huawei phone back on GMS, I want the world to also support HMS (huawei mobile services) on top of GMS if they want to.
Were they really that prevalent in Chinese government anyway? I would assume they would be using China made phones already for the most part. If you look at the stock over the past 6 months look like it took a massive hit a little while back and my guess is things where already looks bad so they pumped it recently then the insiders dumped at the top and are blaming everything they can on the market failure. Sure, I mean, the ban from China isn't helping, but that recent pump up with this timing for the dump seems to coincidental to me.
I imagine it was just something no one really thought about making an issue of till recently. Most of the time stuff isn't banned preemptively but reactively.
I expect that's the actual reason for the stock drop. I recall reading an article a while back how Apple had trouble competing with Android in China because everybody uses WeChat for everything, and it's basically the main app people care about. Since you do practically everything through WeChat, it doesn't really matter what OS you use. It makes all the Apple apps and integrations irrelevant. People still got iPhones cause they've been a status symbol, but I think now we'll see more people getting Huawei because it feels good that your own country can produce a phone that's as good as what Americans make.