+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Huawei to cut phone production by about 60% in 2021, says report

Feb 20, 2021, 11:05 IST
IANS
TOI
Beijing, Chinese tech giant Huawei has reportedly told suppliers that smartphone production will drop by about 60 per cent in 2021.
Advertisement

According to Nikkei Asia, citing people familiar with the matter, Huawei has notified its suppliers that it plans to order enough components for 70-80 million smartphones this year.

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.

The report did not mention if any specific Huawei smartphones will be affected by the cut.

In regards to its upcoming 2021 releases, the company is set to launch its foldable smartphone successor with the new Mate X2 on 22 February.

Advertisement

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.

Ahead of the release of the gaming console, the Chinese tech giant may be launching a new line of laptops that are designed for gaming.

Earlier this month President Biden's nominee for Commerce secretary, Gina Raimondo, said she has seen "no reason" to lift the trade restrictions off Huawei.


SEE ALSO:
PewDiePie's lyrics targeting CocoMelon and JK Rowling may have gotten YouTube angry enough to pull the video down
Flipkart gets leaner with a $300 million Jabong write-off as CEO Kalyan Krishnamurthy lists out the priorities for 2021
Happiest Minds is a smaller company that does the same thing as MindTree and L&T Infotech — but clearly it is doing it a lot better
India may require Twitter, Facebook and others to remove unlawful content within 36 hours
Advertisement
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article