The present economic situation in China is very favorable for crypto adoption. China is a global leader in mobile payments and the economy functions almost entirely cashless. This opens up the opportunity to replace fiat currencies with cryptocurrencies as a payment of choice. Huawei’s operations directors probably share the same goal, however they also profit in another way. The last couple of years, China’s smartphone sales have plummeted due to minor design and software upgrades from older to newer smartphone models, thus not motivating customers to invest in purchasing new phones. By incorporating BTC.com as a standard app on their smartphones, there is more motivation for users to continue using Huawei and to consider buying Huawei products when it is time to buy a new phone.
