Huawei’s Downfall: Game Over! Without 5G Chips, the Latest Huawei Smartphones Are Equipped With 4G
On March 30, 2023, Huawei's new P60 was released. Let's take a look at its popularity. The scene is the same Huawei flagship store on Nanjing Road in Shanghai, where customers are outnumbered by staff. According to mainland media reports, Huawei has become a national enterprise in China, a trump card against America. But why does the largest store look deserted? Are the so-called patriotic 'little pink' only vocal about their patriotism?
Huawei briefly surpassed Apple and Samsung Electronics to become the world's largest smartphone seller. According to data from market tracking agency Canalys, its global market share reached a peak of 18% in 2019. However, a series of export controls imposed on Huawei by the Trump administration subsequently restricted the company's access to foreign technology. Huawei was later forced to cut back some of its profitable consumer products business. Last year, Huawei's share of the global smartphone market was 2%, and most of its sales were in China.
The current state of Huawei's smartphone business indicates that Huawei still relies on American technology for some key components. According to a report by international research agency Counterpoint Research in December last year, Huawei's inventory of high-end chips used for manufacturing smartphones has been exhausted. Under the US chip supply cut-off, Huawei may be forced to exit the global smartphone market.
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