Huawei to cut smartphone production by over 50% this year

By VARINDIA - 2021-02-22

Huawei to cut smartphone production by over 50% this year

Huawei has reportedly told suppliers that smartphone production will drop by about 60% in 2021, amid US sanctions on it. It plans to order enough components for 7-8 crore smartphones, which is an over 60% fall from over 18 crore smartphones it shipped last year.

 

In November 2020, Huawei sold its smartphone brand Honor to a Chinese government-backed consortium. The company is reported to have shipped 189 million handsets in 2020 which was already a sizable decrease from the 240 million phones sold in 2019.

 

Meanwhile, Huawei is planning to step into the gaming segment with a set of gaming notebooks and a gaming console of its own.

 

Its first-ever console tentatively named the 'MateStation' could be launched alongside the PlayStation 5 and Xbox Series X in China sometime in the second quarter (Q2) of 2021. It would probably rely on some of its in-house silicon to do the heavy lifting.

 

Sources said, ahead of the release of the gaming console, Huawei may be launching a new line of laptops that are designed for gaming.


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