Even as China flexes its muscles, threatening to invade Taiwan, even at the risk of world war, The Wall Street Journal reports that Huawei, the most important tech company in China — and one that is closely linked to its military — has been crippled by sanctions and other punishments imposed by former President Donald Trump during his years in office.
The WSJ reports that “Huawei is in the midst of a deep slump. … Now, its revenue has dropped for three straight quarters. The company has fallen to No. 9 in smartphone sales, with buyers evaporating from Europe to China.
“Its global telecom market share is shrinking as it loses out in key markets, a result of U.S. pressure designed to halt the spread