Huawei to cut smartphone production by over half in 2021, says Report
Shortpedia
Content Team
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Chinese tech giant Huawei has reportedly told suppliers that smartphone production will drop by about 60% in 2021. According to Nikkei Asia, citing people familiar with the matter, Huawei has notified its suppliers that it plans to order enough components for 70-80 million smartphones this year. The company is reported to have shipped 189 million handsets in 2020 which was already a sizable decrease from the 240 million phones sold in 2019
