Huawei could deliver 60% fewer phones in 2021 than in 2020
Huawei will continue to launch smartphones in 2021, but the amount it will be able to produce and deliver to Chinese and international stores will be much lower than in previous years. Already in 2020, Huawei has dropped from second place in the world to fifth place, according to market studies, and in 2021 the number of phones may fall more than half. Estimates say Huawei’s phone production could drop to 40%.
If in 2020 Huawei managed to deliver 189 million smartphones, despite the fact that it no longer has access to Google services and due to the fact that it still had access to international processor factories until September, in 2021, the company is is heading for a big decline, according to market analysts.
The estimated number of phones the company will be able to deliver could vary between 70 and 80 million units, still a high value among international manufacturers, but 3-4 times lower than Samsung, which is still in first place.
In fact, more than two years ago, Huawei planned to become the largest phone manufacturer in the world, with a deadline set for 2021. The company’s founder and CEO, Ren Zhengfei, says that in Despite the problems in this market, the smartphone division will not be sold. However, the Honor brand has already been sold to a Chinese conglomerate.