TrendForce expects the smartphone market to slowly recover in 2021, but Huawei won’t benefit
After a dismal year, the global smartphone market will slowly start recovering in 2021, predicts TrendForce. But Huawei won’t benefit and, in fact, will fall out of the research firm’s list of the world’s top six smartphone makers by production volume. In 2020, global smartphone...
UK shrinks timetable for telcos to stop installing 5G kit from Huawei
The UK government has squeezed the timetable for domestic telcos to stop installing 5G kit from Chinese suppliers, per the BBC, which reports that the deadline for installation of kit from so-called ‘high risk’ vendors is now September. It had already announced a ban on...
Huawei reportedly set to sell Honor budget phone division for $15B
Following weeks of rumors surrounding a potential sale, Huawei has reportedly struck a deal to divest itself of its Honor brand. A new report out today from Reuters notes that the embattled hardware maker will sell the budget unit to a consortium of buyers that...
Smartphone shipments dip in China for Q3, led by Huawei decline
China was the first major global smartphone markets to rebound from the early days of the COVID-19 pandemic. Stringent lockdown measures were able to help the country recover from the virus relatively quickly during the first wave, as sales started to return well ahead of...
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