Rumor has it Huawei may focus on cars, mobile accessories, and LED drivers for now
Huawei, which became the world’s leading smartphone maker in the second quarter of this year, overtaking Samsung, is now struggling to keep its smartphone business afloat with the introduction of new US sanctions.
Huawei smartphones disappear from stores, used model prices soar, Huawei has no backup plan
Sources say Huawei products are starting to disappear from stores, with no stocks of popular models in stock and no deliveries expected. Because of this, the prices of used Huawei smartphones have crept up. In particular, it is reported that the stores are running out of Huawei smartphones of the P, Mate, and Nova series. More precisely, smartphones have already been sold out in popular colors, in some places, there are unpopular models.
The new sanctions take effect from today, with knowledgeable sources claiming that the company currently has no backup plan. It is said that Huawei may focus on cars, mobile accessories, and LED screen drivers for now, but not smartphones. Also, the manufacturer may pay more attention to tablets and laptops.
The company has stocks of some key components, but they will only last for a few months. So Huawei has very little time to choose the further path of the smartphone business.
Richard Yu, CEO of Huawei’s Consumer Products Division, has confirmed that Huawei’s new flagship smartphone, the Mate 40, will be released as scheduled. But an insider claims that Huawei Mate 40 has been postponed to next year.