Huawei Too Expects to Sell Significantly Fewer Smartphones This Year Feb 19, 2021 15:06 GMT
Huawei still hopeful the U.S. restrictions would be lifted
Huawei’s legal problems in the United States might not come to an end too soon, not even under a new administration, and by the looks of things, the Chinese tech giants expects its smartphone business to struggle not only in the States but also elsewhere.
According to a report form Nikkei Asia, Huawei has substantially reduced its component orders from suppliers, with some sources indicating the company expects to build between 70 and 80 million smartphones in 2021.
This means the Chinese firm is preparing for a drop of no less than 60 percent from close to 189 million phones shipped last year.
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The Huawei CEO and founder said: I think it s very unlikely that the US will remove us from the Entity List. I won t say it s impossible, but it s extremely unlikely. We basically aren t considering it a possibility. We have to remain committed to producing good products and solutions that we can produce to win customer trust. We welcome scientists from around the world and can support top minds. Right now, we just want to work harder and keep looking for new opportunities for survival.
However, when quizzed about how Huawei was planning on approaching the new Biden administration Ren opened the door for a closer relationship.
As Huawei s semiconductor purchases slip, its founder tries a new tactic: Flattery theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.
Huawei’s fate in the US will remain as is. No change will be made even if the country has a new President. There is no formal or official statement provided yet but Gina Raimondo, President Biden’s nominee for Commerce secretary, said that there is no reason why Huawei and other Chinese brands should be removed […]