Huawei Technologies decided to enter the PV inverter market, bringing its ICT know-how and hardware to a market already burdened by overcapacity and declining margins. In a few short years, instead of floundering, Huawei soon became the market leader in China.
The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.
Chinese tech giant and inverter manufacturer Huawei is looking to reinforce its market share in Asia beyond China with a high-level conference held in Bangkok recently.
