[dropcap]W[/dropcap]e all know very well that the well-known Chinese smartphone manufacturer, Huawei is the second largest smartphone maker in the world, ahead of the tech giant Apple, but apart from the second place Huawei also aims to overtake the world leader, of course, the South Korean giant Samsung by the end of 2020. But, now according to the latest reports, the well-known Chinese brand Huawei stops smartphone production lines after the ban.
BAD NEWS! Huawei Stops Smartphone Production Lines After The Ban
The well-known Chinese smartphone manufacturer, Huawei is the second largest smartphone maker in the world, ahead of the tech giant Apple, but apart from the second place Huawei also aims to overtake the world leader, of course, the South Korean giant Samsung by the end of 2020.
But, the fact is that it had this purpose before its recent escalation of Tensions with the United States which will reach maximum levels and will immerse Huawei in an unprecedented crisis.
In late April, it was reported that the well-known Chinese smartphone maker Huawei was the only smartphone manufacturer whose sales volume increased during the first quarter of 2019. As the Chinese company had an annual sales increase of more than 50%, to 59 million units, which simply gives it 19% of the market share.
Before the president of US government, Donald Trump banned the Chinese giant Huawei, everything pointed out that Huawei was very near to overtake the South Korean giant Samsung and it would surpass the South Korean giant Samsung by 2020, but now after the US judgment, everything is changing.
Now according to the reports from several anonymous sources collected by the South China Morning Post, several Huawei smartphone production lines have been stopped just after the US ban.
As just after the ban, the well-known Chinese smartphone maker Huawei has lost the license of the Android operating system, and chip makers like Intel and Qualcomm which has simply lead Huawei to pause the production of its smartphones, hence, as a result, the well-known electronic components manufacturer Foxconn has also put the brake on the production of smartphones of the brand.
While we all know very well that Foxconn is the largest manufacturer of electronic products that were on demand, and not only that even it also works for the tech giant Apple and Xiaomi, among others. Hence, after the ban on Huawei and all its consequences, informed sources say that the Chinese giant has reduced orders for new phones in recent days, and simply freezing the production plants.
However, the fact is that neither Huawei nor Foxconn has made any statements yet about it, and apart from this there are other reasons for the volume of orders may vary. Moreover, recently, the Chinese giant Huawei also admitted that it is reevaluating its goal of overtaking Samsung in 2020, and, of course, the reason for this is the US ban.
Even the president of Honor, George Zhao, told stated that “since this new situation has arisen, it is too early to say if we will be able to achieve that goal.” However, later he commented that “all these difficulties make us feel more stronger from both mentally and in action”. So, what do you think about this? Simply share all your views and thoughts in the comment section below. And if you liked this post then simply do not forget to share this post with your friends and family.