A month after being placed on a trade blacklist by the Trump administration, Huawei is reportedly steadying itself for international shipments of its smartphones to decline by 40% to 60%. According to a report in Bloomberg, Huawei may end up pulling shipments of the Honor 20, its flagship phone for overseas markets, if sales are poor.
The U.S. Department of Commerce barred Huawei in May from purchasing parts from U.S. companies without prior approval from Washington, claiming that Huawei is a possible threat to national security. After the ban, Huawei founder and CEO Ren Zhengfei said the blacklist may slow the company’s growth, but “only slightly.”
But Bloomberg reports that the company is now steeling itself for international shipments to plummet, with Huawei sales and marketing manager internally forecasting a drop in shipment volumes between 40 million to 60 million smartphones. The Honor 20 will go on sale in parts of Europe, including France and the U.K., on June…
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