Huawei cutting staff in India as prospects turn sour – report

[Vanguard One]

Reports have emerged suggesting Huawei is laying off staff and cutting revenue objectives in India, as the anti-China sentiment gathers steam around the world.

Some might have been expecting such a move from the Chinese company, the relationship between India and China has been increased strained in recent months, but the report from the Economic Times suggests Huawei has been firmly pushed off its pedestal by the White House.

Although not officially confirmed, the rumours suggest Huawei is cutting its revenue expectations by 50% for 2020, while it will also be reducing its headcount by 60-70%. These reductions will also include its R&D work in the country as its commercial prospects start to look slimmer in India.

With tensions rising quickly between the two Governments, it has been suggested India is prepared to ban its state-owned telecoms operators, BSNL and MTNL, from working with Huawei, while Reliance Jio has already said it would not work with the under-fire vendor.

There are of course two other weighty customers to work with in this market, however exclusion from BSNL, MTNL and Reliance Jio is a massive loss for Huawei. The two state-owned telecoms operators are attempting to build 4G networks, while Reliance Jio is at the front of the back for 5G work. There is a lot of money being left in the market for rivals to plunder.

https://telecoms.com/505755/huawei-cutting-staff-in-india-as-prospects-turn-sour-report/

 

[Beast]

Less job for Indians. This is bad new.

 

[Figaro]

Huawei will probably survive but it will need a lot of Chinese gov assistance and would be a former shadow of itself. On the bright side, they will probably use this to develop new technologies or find domestic substitutes but they won't be really compete for the next couple years.

 

[FairAndUnbiased]

Huawei will probably survive but it will need a lot of Chinese gov assistance and would be a former shadow of itself. On the bright side, they will probably use this to develop new technologies or find domestic substitutes but they won't be really compete for the next couple years.

Even if Huawei loses its entire overseas market (37%) they'll still be the size of Sony and much bigger than Toshiba (a company that actually got crippled by sanctions).

 

[Andhadhun]

To those IGNORANT Murican SLAVES in India & around the many SLAVES western nations, such as the SLAVE nation Australia, all you slaves must wake up to the fact that HUAWEI holds the choking point in terms of CORE patents in the 5G &
the next 6G tech domains.

HUAWEI has 19% core patents in 5G domain.

Any SLAVE nation can block HUAWEI, but it means these SLAVE nation
can * NOT * get away from paying HUAWEI those expensive 5G Core patents fees.

5G Tech is a Force Multiplying tech for other keys technologies, such as AI & IoT.

This means that the KING Cockroach Murican and its SLAVE nations follower such as the SLAVE Aussie & SLAVE Britain will fall much further behind in terms of all other Cutting Edge tech that run on top of the 5G tech platform.

The age of tech domination from the western Murican Cockroach has ended since 2015.

The BLIND & IDIOTIC REN Zheng Fei is allowing the Murican Cockroach government
to STEAL HUAWEI intellectual property, and kidnapping & ransoming his daughter.

===

Link of PROOF:

https://telecoms.com/505169/huawei-leads-the-5g-patent-race/

For long china has will fully ignored western patents and has reverse engineered and stolen tech.

Now it will be fun to watch the rest of the world do the same to china

Even if Huawei loses its entire overseas market (37%) they'll still be the size of Sony and much bigger than Toshiba (a company that actually got crippled by sanctions).

That is just Huawei.

What about rest of the Chinese companies ?