Huawei just pivoted to software (harmony OS is massive in EVs, China isn't making the same mistakes in EVs they made with phones) and kept expanding its 5g/6g/telecommunications business, while making money from licensing out the ridiculous amount of telecommunications patents it holds. The idea that huawei needs its cellphone business to survive or grow is just copium and delusion. Huawei took a heavy bodyblow in US sanctions but they're more or less fine and profitable now after years of heavy losses + expensive restructuring and pivoting.

UAE literally recently chose huawei 5g over f-35.