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.
And it’s getting worse. People with knowledge of the matter said Huawei could end up ordering components for just 50 million devices, all because it expect the sales to decline even further throughout the year.
Huawei tight-lipped on everything(read more)
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