Huawei Cuts Orders for Its Most Expensive Phones

Chinese tech giant Huawei has recently reduced orders for its high-end smartphones, according to a new report, as the company expects declining demand in the coming months.

The United States government blacklisted Huawei in mid-May, banning the company from working with American firms and using their solutions for the development of new models.

While Huawei originally said it would be just fine without American products, the tech giant recently admitted it expects a drop of as much as 60 percent in foreign markets.

And according to a report from Digitimes, Huawei has now reduced orders for its flagships, once again as it expects shipments to go down in the coming months. The cited source claims orders for the other product categories, including entry-le… (read more)

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