04 June 2019
Huawei Technologies is reportedly reassessing its target to become the world’s top-selling smartphone vendor by 2020, due to the recent trade ban in the US. A number of companies have stopped giving access to crucial services to Huawei, which will affect the sale of its smartphones.
The Chinese smartphone maker has to now change and reassess its goals as the US government has barred American companies from supplying components to the Shenzhen-based telecommunications equipment giant, stated Zhao Ming, president of Huawei’s Honor brand.
“As the new situation has emerged, it is too early to say whether we are able to achieve the goal,” Zhao said stated when asked about Huawei’s plan to overtake Samsung Electronics and become the world’s biggest smartphone vendor by 2020.
Last month, the US government has placed Huawei and its affiliates on a trade blacklist which restricts the company from buying services and parts from US companies without government approval.
A number of US corporations including chip makers Intel, Qualcomm, Xilinx and Broadcom have stopped supplying to Huawei until further notice. Internet giant Google has also suspended Huawei’s access to future Android operating system updates, which will have a huge effect on Huawei phone sales as users will be unable to get new updates on Android.
Foxconn has stopped several production lines for Huawei phones over the past few days, as the smartphone maker has reduced orders for new phones, according to sources who are familiar with the matter.
“All the difficulties make us stronger, no matter in mentality or in action,” Zhao stated during the launch event of its flagship Honor 20 series for the China market last month.