Is Huawei bankrupt?

What do you all mean?

When you hear Huawei, most people think of mobile phones. The company does a lot more and would not go bankrupt if they stop producing cell phones.

They will quickly develop their own system and then be independent and the US will suffer financial losses as the Chinese will not buy anything from you anymore.

Hardly likely. Apparently, they are already planning to use their own existing system in an emergency.