In the early 2000s, Chinese manufacturers were making high-end consumer electronics.
The technology was based on semiconductors and silicon, so they could be designed to perform certain tasks, including high-speed networking, data storage, and wireless communication.
But the technology did not catch on.
By 2006, China had a billion people and a population of about 7.3 billion.
By the time that industry came online in 2011, its technology had lost the race to replace more expensive components in smartphones, tablets, and other consumer devices.
The growth of the Chinese consumer electronics industry slowed to a crawl.
And while Huawei continued to grow, its market share began to decline.
By 2020, the company’s market share had fallen to 6.3 percent.
By 2030, it was down to 3.4 percent, according to the research firm Gartner.
The company was not alone.
The United States had a similar decline in the number of smartphone shipments in 2030 compared with 2020, and the number had also declined.
In the year 2030, there were 7,400 smartphones shipped worldwide, according the U.S. Census Bureau.
By 2025, Huawei was one of only three manufacturers that had a market share that had declined.
And it wasn’t just the U, but other countries as well.
In 2016, China’s largest smartphone maker, Huawei Technologies, had a share of about 1 percent.
By 2019, its share had dropped to about 3 percent.
China’s rise in the market wasn’t an isolated event.
In 2015, China was the world’s second largest smartphone market, after the United States.
But its growth rate in the decade-plus after 2020 slowed sharply.
The slowdown was driven by the economic crisis, and it was exacerbated by the country’s policies, which are increasingly aimed at restricting the Internet of Things.
In 2017, China announced it would limit data roaming in some areas of the country.
By 2022, it had banned Internet-of…