Hong Kong (CNN Business) In little over 30 years, Huawei has gone from scrappy startup to China's most successful global consumer brand. Now it could become the first big casualty of an escalating fight with America over trade and the future of technology. The ban has already ledto block new Huawei devices from licensingits Android operating system, as well as popular apps and services. Huawei has built up a dominant position in 5G, technology that is critical to future services the United States wants to lead. Huawei has signed dozens of commercial 5G contracts so far, including 25 in Europe and 10 in the Middle East.

Source: CNN May 21, 2019 11:15 UTC