Chinese companies Huawei and ZTE and Singapore based Broadcom are the three networking equipment companies most at risk from the geopolitical unrest currently engulfing the tech sector, according to the latest Thematic Scorecard for the networking equipment sector from GlobalData, a leading data and analytics company.

The three companies all gained the lowest score (1 out of 5) for the geopolitical theme in GlobalData’s Thematic Scorecard for the networking equipment sector, reflecting the vulnerability of Huawei and ZTE as a result of the ongoing US-China trade war. A Thematic score of 1 indicates this theme will be highly detrimental to their future performance.

GlobalData’s Thematic Scorecard ranks companies within a sector on the basis of overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future earnings growth.