Huawei is falling into a grim situation facing the US restriction

Despite the fact that the Chinese leading communications and handset manufacture company ranked the world’s largest smartphone vendor in the second quarter, Huawei’s future business outlook doesn’t look good at all. Three rounds of export restrictions, imposed by the US government, have fully blocked the access of the company to most of the semiconductor fabrication plants, and it still depends on Washington’s decision as to whether or not to grant licenses to chip manufacturers which provide components for Huawei. The design of new chips has to be halted as the major technology involved was American patented – whose access has also been denied. In amid spy rumours, the uncertainty caused by the potential short supply in components following the US export control is harming the carrier business too.