Reports on Tuesday had it that the founder and chief executive of Huawei, Mr. Ren Zhengfei stated at a panel discussion at the company’s headquarter in Shenzhen saying “In the coming two years, the company will cut production by 30 billion dollars.” This statement was made after the company recorded a 40 percent drop in international smartphone sales.
This significant downturn in Huawei’s smartphone sales is owing to the continuous US backlash on the company as they were added to the US entity list last month as one of the companies that are restricted from dealing with any US-based company without a license from the government.
Users around the world have grown skeptical about buying Huawei smartphones. Many young techies in Singapore mentioned that they are now wary of buying Huawei smartphones, as BBC News reported. This is definitely because Google has barred the Chinese tech company from enjoying some updates on its Android OS and their new design smartphones may lack access to some Google apps. Hopefully, this problem will be gone after the company launches its Hongmeng OS (known outside China as Oak OS) by 2019 Q4.
“Huawei Mate 8” by isriya 
Huawei’s objective of becoming the number one smartphone selling company, beating its Korean competitor, Samsung, has been cut short by this unpleasant play out of the US-China trade war. The Chinese giants said on Tuesday that sales are now expected to stay flat at 100 billion dollars as against its projected sales of 125 billion dollars in 2019. This flat revenue prediction of the company is expected to remain the same for 2019 and 2020, BBC Business reported. Mr. Ren stated that the company is expected to regain its vitality and continue its growth in 2021.
Major Huawei distributors including the Japanese Softbank and KDDI Corporations have stated, for now, their discontinued collaboration with Huawei in the sales of their handsets, BBC reported.
Although the company has not received any official ban from the UK, the UK-based chip designer, ARM has instructed its staff to suspend businesses with the Chinese tech company, as recorded on a document obtained by BBC Business News. This is probably because ARM’s research and development division is based in the United States.
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