Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in internationa...
- Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported on Sunday.
The device will begin selling in parts of Europe, including Britain and France, on June 21, the report said. Executives will be monitoring the launch and may cut off shipments if the sales are poor, it said. The U.S. government put Huawei, the world’s largest telecommunications equipment company, on a trade blacklist in May that bars U.S. suppliers from doing business with it because of what Washington says are national security concerns.
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