CNBC reported that the performance of companies such as Xiaomi, Honor and OPPO has been remarkable recently, and Trump’s conflicts with China in the fields of technology and trade have raised concerns about whether these companies will become US targets like Huawei. So what does this mean?
Will Trump impose new restrictions on Chinese phone manufacturers?
At the Mobile World Congress (MWC) in Barcelona, several Chinese electronics companies, from Xiaomi to Honor to OPPO, showcased their latest products. Xiaomi even showcased its latest electric car, the SU7 Ultra. Huawei also attended the event and unveiled its Mate XT foldable screen phone.
At a time when Huawei is re-entering the international smartphone market and other Chinese companies are growing rapidly, Trump’s return to the White House could overshadow their stellar performance at MWC, said Ben Wood, principal analyst at CCS Insight.
Wood said in an interview with CNBC: ‘Trump’s comeback and ‘America First’ strategy, along with his pressure on China, could affect not only Huawei, but all Chinese manufacturers attending MWC.’ CNBC has requested comment from Xiaomi, OPPO and Honor, but has not yet received a response from these companies.
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Wood said that the success of Chinese companies will bring with it the risk of stricter supervision: ‘The risk these manufacturers face is that if they are too much in the forefront, they will attract more attention from the US government.’ So far, Trump has focused primarily on increasing tariffs on imports from China.
However, he has not yet taken much action on technology restrictions. During the administration of former President Joe Biden, Washington imposed a series of restrictions aimed at cutting off China’s access to advanced technologies in areas such as semiconductors. Other analysts also believe that Chinese companies face the risk of increased scrutiny, but other Chinese manufacturers are unlikely to be as restricted as Huawei.
Francisco Jeronimo, Vice President of Data and Analytics at IDC, said that Chinese brands’ current focus on the European market rather than the US market helps them avoid Washington’s inspections. ‘Chinese companies have absolutely no chance of selling in the US market, but if they continue to target the European market, I think this will not pose a risk. I don’t think there will be a situation like the US government demanding European countries to ban the sale of Xiaomi, Honor or other brands,’ Jeronimo said.
On the other hand, Counterpoint Research partner Neil Shah said that another reason to think that the US will not intervene as harshly with other Chinese companies as it did with Huawei is that this could harm the interests of US technology companies. ‘Companies such as Google, Microsoft and Qualcomm, for example, could be adversely affected,’ Shah said.
So what do you think? You can write your opinions in the comments section below…
