Not really. The situation is much more opening the space for OTHER Chinese vendors to jump in and grab the market. Samsung is already selling in all channels where Huawei is, so they have their shelf-space allocated already. That slot will not remain vacant. LG can surely grab a bit more business in short-term for sales-channels they were not selling to, because even if they are not in a specific channel, they have products ready and tested for the market to fill the gap immediately. TCL/Alcatel has maybe some opportunities in low-price device-tier as well, because they have established relationships with many carriers and retailers.

On the other hand, Oppo, Vivo, OnePlus, Xiaomi are all not sanctioned by US, all of them offer comparable products with a very similar price and aggressively try to expand their international presence.

So I expect mainly a Oppo/Vivo/OnePlus vs. Xiaomi vs. TCL/Alcatel fight for every slot Huawei is at risk to lose...