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Huawei's phone market share expected to slump to just 4% next year

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Sustained sanctions from the US has resulted in the company losing its technological edge. FMTNews Huawei

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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