Huawei Targets Over 20% Smartphone Shipment Growth Despite Chip Crunch
Updated
Updated · Nikkei Asia · Jul 14
Huawei Targets Over 20% Smartphone Shipment Growth Despite Chip Crunch
3 articles · Updated · Nikkei Asia · Jul 14
Summary
Huawei is aiming to lift smartphone shipments by more than 20% this year, extending its recovery after years of U.S. export controls.
The target comes despite an ongoing memory chip crunch, a supply constraint that could complicate the company’s production plans.
Sources briefed on the matter told Nikkei Asia the push reflects Huawei’s effort to keep rebuilding its handset business as it regains momentum in the market.