Huawei Forecasts That Smartphone Revenue Decreases By 30-40 Billion Usd This Year

Chairman of Huawei Technologies Technology Group of China, Eric Xu, said, revenue from the Group's smartphone business can fall at least 30-40 billion USD in 2021 due to growth areas It is difficult to compensate for the decline in the next few years. Huawei statue at the office building in Guangdong, China. The business fields related to Huawei's new 5G technology cannot compensate Harmful from handheld business operations. Also according to Mr. Xu, Huawei's smartphone revenue reached about $ 50 billion last year, but in the first half of 2021 revenue declined the strongest ever, reaching 320

.4 billion yuan (49.57 billion USD). I hope that the Group will still exist for 5 to 10 years Chinese efforts to develop the semiconductor industry have shown that "very encouraging results," but solving challenges in the supply chain of Huawei will take a long time.Theo research firm Canalys , Huawei used to be the world's largest smartphone provider in a short time, and for the first time Huawei fell from the list of 5 leading Chinese mobile phone sales in the second quarter / 2021 after more than 7 years ./.Theo TTXVN

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