SME Times is powered by   
Search News
Just in:   • India-US Trade deal eases strains, opens new pathways: Dhruva Jaishankar  • Interim agreement on framework will lead to broader US-India trade deal negotiations  • Interim US trade pact to open $30 trillion market for Indian exporters: Piyush Goyal  • US deal to play pivotal role in India achieving $100 billion textiles exports in 2030  • RBI leaves repo rate unchanged, sticks to neutral policy stance 
Last updated: 20 Feb, 2021  

Huawei.9.Thmb.jpg Huawei to cut phone production by over half in 2021: Report

Huawei.9.jpg
   Top Stories
» US deal to play pivotal role in India achieving $100 billion textiles exports in 2030
» EU, US trade deals to support exports over medium-term: RBI Governor
» Ensuring energy security of 1.4 billion Indians remains govt's supreme priority: MEA
» After Budget and India-US trade deal, all eyes on RBI’s repo rate decision
» US tariffs on Indian goods among lowest after trade deal
IANS | 20 Feb, 2021
Chinese tech giant Huawei has reportedly told suppliers that smartphone production will drop by about 60 per cent in 2021.

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.

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.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.2
₹89.5
UK Pound
₹123.35
₹119.35
Euro
₹107
₹103.35
Japanese Yen ₹57.9 ₹56.1
As on 22 Jan, 2026
  Daily Poll
What is your primary "Make or Break" expectation from the Finance Minister this year?
 The Tax Relief
 The Working Capital Fix
 The Compliance Holiday
 The Payment Shield
 The Tech Subsidy
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter