Article 4HBS2 Huawei bracing for a 40% to 60% drop in international smartphone shipments

Huawei bracing for a 40% to 60% drop in international smartphone shipments

by
Ron Amadeo
from Ars Technica - All content on (#4HBS2)
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Hot off the news of Huawei cancelling a laptop launch and delaying its foldable smartphone, we're now starting to see hard numbers for just how much the Trump Administration's export ban may affect the Chinese company's business. A report from Bloomberg claims to detail Huawei's internal estimates, saying the company is expecting a 40 to 60 percent drop in international smartphone shipments due to the export ban. Huawei does about half its smartphone business internationally, and with 206 million phones sold in total in 2018, this would work out to about 40 million to 60 million sales lost.

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View more storiesThe Bloomberg report also has talk of Huawei pulling its next smartphone launch, the Honor 20, if sales aren't up to snuff. The phone launches on June 21 in parts of Europe, but the report says "executives are monitoring the launch and may cut off shipments if it sells poorly as expected." Carriers also need to be considered in this equation, and the report notes that two of the largest carriers in France have already opted out of selling the device.

This morning Huawei sent a response to the report to Ars and other outlets, saying the Honor 20 launch was still on schedule for June 21, and the Honor 20 Pro would be available in overseas markets "soon."

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