Chinese Tech Gaint Huawei expecting 60% fall in smartphone shipments

According to the Nikkei Asia, which has been Chatting to people in the supply chain. They apparently told it that Huawei has put in orders for 70-80 million smartphones this year, after shifting 187.7 million in 2020, which could amount to a 62% year-on-year decline. Huawei’s 2020 total itself represented a 22% decline, albeit in an overall market that was down 10%. It’s not at all surprising that Huawei is expecting a rubbish year for its smartphone business, given the US embargo in its purchasing of key components, especially chips, and... Read More.
Chinese Tech Gaint Huawei  expecting  60% fall in smartphone shipments