However, the company’s macro environment policy is not limited to the outer market. Local Market in ChinaĪs we know that Huawei sells a large portion of its product worldwide. The ratio of quality products with higher prices against cheap products with less quality provides Huawei a consistent supply of business throughout the year. The business market in Europe is stable, then the manufacturer produces quality products and sells them at higher prices there. Huawei’s policy is simple, and that is to sell products, instead of sticking to the standards and selling fewer products. One of the reasons behind the success of Huawei is that the company manufactures products and sets its prices based on the economic conditions of the target market. Some of the economic factors are as follows Economic Conditions of the Target Market For instance, if the European Union imposes sanctions on China regarding environmental concerns or labor law, then it would be a huge blow to the Chinese economy.
If things go smoothly, then china would keep selling smartphones in the western market. In other words, China has to follow the trade laws of the European Union. When it comes to selling your products in the European countries, then the European Union’s laws are in place and applicable. Especially Huawei’s smartphones are popular in western countries. Huawei’s market is a big company, and it sells smartphones across the world. Some of the political factors that are affecting Huawei are as follows Trade with European Countries