Huawei will reduce smartphone production 60 percent by this year
Kathmandu : Tech giant Huawei plans to cut phone production by about 60 percent in 2021. Huawei reports that it will produce only 70 to 80 million smartphones this year.
In 2019, Huawei shipped 240 million smartphones, while in 2020 it produced 189 million smartphones. The decision comes as the United States and its allies have imposed sanctions on Huawei.
However, the report does not say whether the company will reduce production of smartphones currently on the market.