Huawei sales drop by 40 percent

Huawei sales drop by 40 percent

Chinese company Huawei has experienced a major decline in its telephone sales in the European and American market. Since the United States was put on the blacklist, Huawei has suffered a lot over the past few months. The chief of this company, Ren Zhenge, said that telephone sales outside the Chinese market have dropped [...]

The chief of this company, Ren Zhenge, said that sales of telephones outside the Chinese market have dropped by 40 percent from mid-May to June.

So why the American sanctions won't be implemented in 90 days, the blacklist access makes it impossible for Huawe to operate with the Google operating system, which is used mostly in Europe. The Chinese company entered the American blacklist with the reason that its equipment poses a danger to national security.

Huawei during 2018 sold 26 million phones in Europe, more than 60 percent a year earlier.

 

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