Based on my understanding, the goal of kneecapping Huawei goes far beyond hurting the company’s P/L or market share. This is a geopolitics issue—-centered around slowing the advance of China’s technology sector related to chips / compute / etc. The capabilities of the nation as a whole is what both parties are primarily concerned with.

The US wanted China dependent on the west for high end smart phones and chips. The way it’s turned out, China would have been more dependent if the US just left Huawei alone to begin with