Huawei Shipments Could Fall by Up to a Quarter This Year: Analysts

Huawei Shipments Could Fall by Up to a Quarter This Year: Analysts
Workers are seen near the booth of Huawei under construction at the venue of China International Big Data Industry Expo in Guiyang, Guizhou Province, China on May 22, 2019. Reuters
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HONG KONG/SHANGHAI—China’s Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.

Smartphone shipments at Huawei, the world’s second-largest smartphone maker by volume, could tumble between 4 percent and 24 percent in 2019 if the ban stays put, according to Fubon Research and Strategy Analytics.