Huawei will return to smartphone 'throne' despite crippling sanctions, chairman says

Reuters2021-08-18

SHENZHEN, China, Aug 18 (Reuters) - Huawei Technologies' chairman said while U.S. sanctions have choked its smartphone business, it will not give up and plans to eventually return to the industry's "throne".

In 2019 former U.S. President Donald Trump accused Huawei of being a threat to national security, put it on an export blacklist and barred it from accessing critical technology of U.S. origin, affecting its ability to design its own chips and source components from outside vendors.

"Everyone knows that phone chips need advanced technology in a small size with low power consumption. Huawei can design it, but no one can help us make it: we're stuck," Huawei Chairman Guo Ping was quoted as saying in a transcript of a recent Q&A with staff seen by Reuters.

Guo added, however, that the problems were solvable.

"Huawei will continue to exist in the field of mobile phones and with continuous advances in chip production, the smartphone throne will eventually return," he said.

Huawei, once briefly the world's biggest smartphone vendor, dropped out of the ranks of China's top five sellers in the latest quarter, the first time in more than seven years, according to research firm Canalys.

In November, Huawei sold off its lower-end smartphone brand Honor - a move aimed at keeping the business alive.

Huawei's revenue tumbled 29% in the first half of this year, its biggest ever fall, with revenue from its consumer business group which includes smartphones, diving 47% to 135.7 billion yuan ($21 billion).

($1 = 6.4830 Chinese yuan)

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

  • erichosk
    2021-08-18
    erichosk
    Huawei will come back stronger. I don't doubt it.
  • KeN3
    2021-08-18
    KeN3
    Loved using their phones and products
  • Tj_
    2021-08-18
    Tj_
    Woww
  • PeterLiow
    2021-08-18
    PeterLiow
    Let Move... Move It Move It Move It
  • dw321
    2021-08-18
    dw321
    Return the chair?
  • scottieboy
    2021-08-18
    scottieboy
    I’ll be impressed if they do 
发表看法
15