Tuesday, 8 September 2020

Huawei could experience a Nokia-rivaling fall from grace in 2021

Huawei surprised the world last quarter when it overtook Samsung to become the number one smartphone manufacturer. But soon, the Shenzhen-based company could experience a historic fall from grace.
Huawei is expecting a 75% drop in sales next year
has learned from people with direct knowledge of the matter that Huawei recently shared its all-important internal smartphone sales forecast for 2021 with a group of South Korean subcontractors.

Unsurprisingly, the numbers look extremely weak. Huawei is reportedly planning to produce around 50 million smartphones over the course of next ...

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