Huawei once looked unstoppable. Having began in 1987 selling phone switches from a flat in the southern city of Shenzhen, in 2012 the Chinese technology firm overtook Ericsson, a Swedish rival, to become the world’s biggest maker of telecoms gear. By 2020 its market share in the business exceeded 30%, roughly as much as Ericsson and Nokia of Finland, its two main competitors, combined. The same year it surpassed Samsung as the largest maker of smartphones. Its fast-growing software and cloud-computing businesses were beginning to compete with America’s ibm and Oracle.
The American government had other plans. Successive administrations have regarded Huawei as a national-security risk,
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