Marketing and sales managers at Huawei are internally expecting a drop in volumes of anywhere between 40 million to 60 million smartphones this year.
To offset overseas decline, Huawei is aiming to grab up to half of China’s smartphone market in 2019.
Furthermore, the Chinese technology company is looking at options that include pulling the latest model of its marquee overseas smartphone. That’s the Honor 20, according to an article.
Therefore, the device will begin selling in parts of Europe, including Britain and France, on June 21. Executives will be monitoring the launch and may cut off shipments if the sales are poor.
Marketing and sales managers at the tech company are internally expecting a drop in volumes of anywhere between 40 to 60 million smartphones.
However, Huawei is aiming to grab up to half of China’s smartphone market in 2019. The company did not respond to a Reuters request seeking comment.
But the U.S. government put Huawei on a trade blacklist in May. They barred U.S. suppliers from doing business with it because of what Washington says are national security concerns.