SHENZEN: Huawei Technologies Co’s global smartphone market share is expected to fall to just 4% in 2021, a precipitous drop for the company that this summer ranked as the world leader in shipments.
A sustained campaign of sanctions against Huawei from the US government has resulted in the company losing access to key software, chip design and manufacturing partners, depriving it of its technological edge.
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Is Huawei planning to sell its flagship smartphone business?After disposing Honor, Huawei is now reported to be in talks to sell off its smartphone business. The Chinese tech firm has issued a statement on the matter.
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