Nvidia warns of growing competition from China’s Huawei, Despite Us Sanctions

Beijing – Us Chip Giant Nvidia Has Flagged Heightened Competition from Huawei, Despite Us Restrictions on the Chinese Telecommunications Company.

In Annual Filing Wednsday, Nvidia Listed Huawei Among Its Current competitorsIncluding it in the list for a second straight yearThe company, blacklisted by the US for National Security Reasons, did not feature amon Nvidia’s’S Competits for at Least Three Prior Years.

Nvidia Listed Huawei Among Its Competitors in Five Categories, Including Chips, Cloud Services, Computing Processing and Networking Products.

“There’s a Fair Amount of Competition in China,” Nvidia Ceo Jensen Huang Told CNBC’s Jon Fort Wednsday.

“Huawei, other companies, are … Quite vigorous and very, very competitive,” Huang Said.

Since 2019, The US has restricted huawei’s ability to access technology from American suppliers, from advanced 5G chips to Google’s Android Operating System,

Huawei’s Revenue Exceded 860 Billion Yuan ($ 118.27 Billion) in 2024, State Media Reported, A 22% Jump in Revenue from 2023And the fastest growth since a 32% increase in 2016, according to CNBC Calculations of Publicly Released Figures. Huawei typical Publishes Its Annual Reports in March,

The company’s revionue barely grew in 2020, and plunged by Nearly 29% in 2021. Its consumer segment was hit hard, and even as revealed Rose 17% Year on Year to 251.5 Billion Yuan In 2023, IT WAS JUS JUS JUS JUS JUS JUS Half of what the unit generated at its Peak in 2020,

The Telecommunications Company Started to Make a Comeback in the Smartphone Market in 2023 With the release of its mate 60 pro in China. Reviews indicated the device offers download Speeds Associated with 5G – Thanks to an advanced semiconductor chip.

Just over a year laater, Huawei launched the mate 70 smartphone series That uses the company’s first fully self-determed operating system, harmonyos next.