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

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: Soya_Cincau - 🏆 16. / 55 Read more »