Huawei Reportedly Admits Dealing with the US Ban Isn’t As Easy As It Claimed
Huawei originally said that the executive order signed by US President Donald Trump and banning the company from working with American firms wouldn’t have any impact on its smartphone shipments because it was already prepared for such a decision.
But as it turns out, dealing with such a large-scale ban isn’t an easy thing even for a company the size of Huawei, as the Chinese tech giant is now reducing smartphone shipment estimates following the ban.
In other words, Huawei now expects to sell fewer phones, and according to a report from Nikkei, the company believes its sales would drop by as much as 30 percent in the second half of 2019.
Furthermore, people familiar with the matter said Huawei has already reduced orders at its major suppliers, as the company anticipates difficult times in the next months because of the US ban.