Subscribe to Teknolojioku on Google News to be notified instantly of developments.Subscribe to Teknolojioku on Google NewsChinese tech giant Huawei was on its way as a leading smartphone brand before its progress was abruptly halted by the US government.Huawei has endured a series of setbacks after the US was reined in a series of sanctions more than 3 years ago.The heavy sanctions regime, which also affected the European operations, caused a huge decrease in the market share.A Huawei executive stated that the company would be on par with Apple if it weren't for the US sanctions.Richard Yu also described Samsung as a minor player in the smartphone market.The violent US sanctions regime almost led to the downfall of Huawei.As a result, the company regressed from second position in the smartphone industry.However, over the past year, Huawei has continued to rise from the rubble.Huawei's HamonyOS has been one of its biggest successes over the period.According to Yu, CEO of Huawei's consumer business group, Huawei could become the second leading manufacturer after Apple.The claim was made at an automotive forum in China.Samsung was at the top of the global market before the sanctions in 2019.But Huawei's annual growth forecasts predicted it could surpass Samsung in a few years.It is also noted that Huawei's annual growth rate of 50% is a remarkable performance.That could put it at the top of global smartphone manufacturers within a year.© 2010 - 2022 Teknolojioku.com - Technology News.All rights reserved.Unauthorized copying of content is prohibited.