Huawei is forecasting a 40% drop in international smartphone sales in 2019 after it was blacklisted in the US. The firm's CEO Ren Zhengfei confirmed the news at an event on Monday after it was first reported by Bloomberg. Visit Business Insider's homepage for more stories. Huawei has confirmed that it is anticipating a giant drop in smartphone sales this year after it was blacklisted by US President Donald Trump's administration.
Huawei is forecasting a 40% drop in international smartphone sales in 2019 after it was blacklisted in the US. The firm's CEO Ren Zhengfei confirmed the news at an event on Monday after it was first reported by Bloomberg. Visit Business Insider's homepage for more stories. Huawei has confirmed that it is anticipating a giant drop in smartphone sales this year after it was blacklisted by US President Donald Trump's administration.
way to kill innovation
Only 40% drop?
It will be much more than 40% drop..!!
SAI focus on the other markets in all diamentions. The world needs this. A holistic development process and the tech sales will more than double. There is huge potential for development and growth. Look what China has done with China. Stand tall and look above the tree tops.
40% drop of overseas sales only. The domestic market will grow up strongly to compensate part of it, maybe most of it. When their own OS is ready to launch, things will change.
China could counter the loss in sales by black listing Apple and Samsung products in their own market. Black listing is obvious a protectionist measure, which other world mobile phone manufacturers have suffered in the past.
Given that Huawei isn't publicly listed, they can take time to accommodate.
Should be 40% of oversea sales.
No OS to compete?
Maybe, 60.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huawei prepares for 40%-60% fall in international smartphone shipments: BloombergHuawei Technologies Co Ltd is preparing for a 40% to 60% decline in internationa... Boom! Still up for a trade war China? This is just the beginning roths made hua. this is the fight between rocks and roths, not between china and us, like amon and ra. god damn this two families all because both starts with humans are replacable. It’s times like this that prove how good of a business person you are!
Source: Reuters - 🏆 2. / 97 Read more »
U.S. chipmakers quietly lobby to ease Huawei ban: sourcesHuawei's American chip suppliers, including Qualcomm and Intel, are quietly... GordonGChang It isn't far off to say that those kinds of bans and tariffs are like the extradition law proposals in Hong Kong -- hitting the head against the wall -- VERY BAD FOR BUSINESS. Fakers
Source: Reuters - 🏆 2. / 97 Read more »
Huawei founder says revenue will be billions below forecastThe Chinese telecom giant will reduce capacity but U.S. moves to restrict its business 'will not stop us.' Outstanding One of the biggest factors leading to this loss in revenue is due to letting Google find out they were developing their own OS to replace Android. Google was not enforcing the U.S. blacklist until they caught wind of that side project.
Source: NBCNews - 🏆 10. / 86 Read more »
Huawei prepares for 40%-60% fall in international smartphone shipments: BloombergHuawei Technologies Co Ltd is preparing for a 40% to 60% decline in internationa... Boom! Still up for a trade war China? This is just the beginning roths made hua. this is the fight between rocks and roths, not between china and us, like amon and ra. god damn this two families all because both starts with humans are replacable. It’s times like this that prove how good of a business person you are!
Source: Reuters - 🏆 2. / 97 Read more »
Huawei founder says revenue will be billions below forecastThe Chinese telecom giant will reduce capacity but U.S. moves to restrict its business 'will not stop us.' Outstanding One of the biggest factors leading to this loss in revenue is due to letting Google find out they were developing their own OS to replace Android. Google was not enforcing the U.S. blacklist until they caught wind of that side project.
Source: NBCNews - 🏆 10. / 86 Read more »
U.S. chipmakers quietly lobby to ease Huawei ban: sourcesHuawei's American chip suppliers, including Qualcomm and Intel, are quietly... GordonGChang It isn't far off to say that those kinds of bans and tariffs are like the extradition law proposals in Hong Kong -- hitting the head against the wall -- VERY BAD FOR BUSINESS. Fakers
Source: Reuters - 🏆 2. / 97 Read more »