Business
From No. 1 to No. 6, Huawei smartphone shipments plunge 41% as U.S. sanctions bite – CNBC
U.S. sanctions have cut Huawei off from key software like Google Android and critical components like chips which have hurt its sales.
Customers at a Huawei licensed experience store shop for devices on October 30, 2020 in Suzhou, China.
GUANGZHOU, China Huawei’s smartphone shipments have continued to plunge as a result of U.S. sanctions, sending the once No. 1 vendor in the world tumbling below rivals like Apple.
The Chinese technology giant shipped 33 million smartphones globally in the fourth quarter of 2020, a 41% year-on-year decline, putting its market share at 8%, according to data released by Counterpoint Research on Thursday.
…
