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Saturday, 20 February 2021

Nikkei: Huawei will cut phone production by more than half in 2021

Huawei is resolved not to sell its phone division, but it will not be easy going – the company is preparing for tough times ahead. Nikkei reports that the telecommunications giant has notified its component suppliers that it will build far fewer phones this year than it did in 2020. Huawei will reportedly order enough components for 70-80 million for the whole year. That’s a 60% drop from the 189 million units it shipped last year, which was already a sizable decrease from the 240 million phones sold in 2019. The product mix will be affected as well, skewing away from the high end....



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