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Report: Huawei expects international smartphone shipments to plummet

Report: Huawei expects international smartphone shipments to plummet

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/06/16/report-huawei-expects-international-smartphone-shipments-to-plummet/

A month after being placed on a trade blacklist by the Trump administration, Huawei is reportedly steadying itself for international shipments of its smartphones to decline by 40% to 60%. According to a report in Bloomberg, Huawei may end up pulling shipments of the Honor 20, its flagship phone for overseas markets, if sales are poor.

The U.S. Department of Commerce barred Huawei in May from purchasing parts from U.S. companies without prior approval from Washington, claiming that Huawei is a possible threat to national security. After the ban, Huawei founder and CEO Ren Zhengfei said the blacklist may slow the company’s growth, but “only slightly.”

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