Chinese tech giant Huawei Technologies Co, facing US sanctions that have hobbled its core networking business, is targeting the new growth area of smart vehicles, setting the goal of “bringing the digital world to every car”.
Huawei’s move into the smart vehicle industry has created a stir in a sector that Beijing is pushing amid ongoing US-China tech tensions. While some believe Huawei’s participation could lead to technology breakthroughs that accelerate the roll-out of autonomous cars and other types of smart vehicles, some are concerned that the telecoms giant will build a dominant position and squeeze out smaller players.