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Ming-Chi Kuo: Huawei may withdraw from the smartphone market due to US sanctions




Reputable analyst Ming Chi Kuo (Ming-Chi Kuo) made some predictions about the future fate of Huawei, and they are disappointing.

What’s next

Recall that Huawei is now far from the best time, and all due to US sanctions. America first banned American companies from cooperation with Huawei, after which it extended the ban and on the foreign companies that use American technology and Components. IN as a result, Huawei remained and without Google services, and without the proprietary Kirin chips produced by TSMC.

By Kuo said that if things go well, sales will drop and Chinese manufacturer will lose share in market. Worst scenario and does imply Huawei’s departure from smartphone market. This will be a real boon for Chinese competitors like OPPO, Vivo and Xiaomi.

IN the last scenario, of course, is believed with labor, since Huawei huge support in China, thanks to which its sales are increasing. But damage from sanctions will definitely be serious.

Recall that rumored in Huawei will begin its own chip production this year.

Source: Wccftech


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