At the launch of Huawei Nova 5 in Wuhan City, China, He Gan – Huawei's smartphone division president said the company sold 100 million smartphones by the end of May.
After selling more than 206 million smartphones in 2018 (half of them are in the Chinese market), Huawei has sold about 59 million smartphones in Q1 / 2019. Thanks to double-digit growth, Huawei quickly surpassed Apple to become the world's second largest smartphone company, behind only Samsung.
Thinking of things going smoothly, Huawei has set an ambitious goal, which is to overturn Samsung's smartphone sales and rise to No. 1 by 2020. However, when it has not achieved that goal, Huawei is not suspected "falling horse" due to the strong move of the Trump administration.
The US Department of Commerce's ban not only temporarily affected Huawei's presence in this market, but also indirectly destroyed its smartphone business. With many US technology firms, including Google, Intel, Qualcomm, Facebook … taking a break from Huawei, the company is almost isolated and loses one of the advantages of competing with rivals that are operating systems. Android.
Recognizing the serious impact of the ban, Huawei predicts its smartphone sales may drop by 40-60 million units this year, leading to a total of 2019 smartphone sales this year. 146-166 million machines.
In addition, smartphone sales in the international market are expected to decrease by 40-60%. Even Huawei Nham Chinh Phi has recently confirmed that Huawei may lose revenue of up to USD 30 billion / year in 2019 and 2020. However, Mr. Nham emphasized that the figure is not a problem because the company has Can achieve revenue of 100 billion USD this year.
Of course this is only the numbers in the first 5 months of the year and before the news that Google stopped cooperating and providing Android operating system for Huawei smartphones. Even if the US Department of Commerce renewed a 3-month extension for Huawei and Google to solve problems and protect customer interests, it is difficult for Huawei to regain customer trust right now. .
But Huawei can still satisfy consumers if the operating system grows separately to meet their needs.
When the smartphone business is in trouble, Huawei's smartwatch business is fortunate to eat. According to the data of IDCThe company sold about 5 million units in Q1 / 2019, up 282.2% over the same period last year. The company currently ranks third after Apple and Xiaomi with 10% market share in the smartwatch market.
In the best possible scenario, Huawei could exit the US Trade Ministry's ban if President Trump gains certain benefits after the meeting of President Xi Jinping at the G20 Summit in Japan. next week.
Refer to Reuters