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Huawei says tough to meet No.1 smartphone vendor goal due to U.S. curbs

SHENZHEN/HONG KONG (Reuters) – China’s Huawei Technologies [HWT.UL] stated on Friday it would be tough for the organization to meet up with its former intention of turning into the world’s main smartphone maker by shipments this yr due to U.S. curbs imposed in May well.

The corporation would have been prepared to ship 300 million smartphones this 12 months with out this form of constraints, Richard Yu, head of Huawei’s customer company enterprise staff, recommended a developers’ meeting held in Dongguan in southern China, wherever Huawei has designed a lavish new campus modelled appropriate following European towns.

Copyright Reuter

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