In 2018, Huawei, a tech giant from Shenzhen, China was on the verge of taking over the world. It had become the second-best-selling smartphone brand globally, surpassing Apple and Samsung, with forecasts suggesting that it would soon become number one. However, the ongoing trade war between the US and China led to allegations from the Trump administration that Huawei’s equipment was being used to provide classified information to Beijing. This resulted in American companies being banned from doing business with Huawei, causing significant setbacks for the company’s global operations as their phones lost access to key components like Intel chips, Google’s Android, and Microsoft’s Windows.
Despite these challenges, Huawei remained resilient and dedicated resources to showcasing its commitment to thrive as a major player in the technology industry. At an event called Huawei Cloud Compass 2024 held for clients from Latin America in May, the company showcased its cloud technology benefits and its commitment to supporting digital transformation in the region. During this event, attendees learned about innovative business models achieved through Huawei’s cloud technology and improvements in operational efficiency. The president of Huawei Latin America emphasized the company’s growth and success in this market while highlighting their dedication to supporting companies on their digital transformation journey.
Huawei Cloud has become one of the fastest-growing cloud platforms in Latin America, ranking third in the market with a rapidly expanding customer base. The company reported significant growth in operating income and net profit while becoming the cloud service provider with the largest number of nodes in
