Bloomberg says cites a source as saying that the company has been exploring various options including considering pulling the Honor 20 8211; Honor is another Huawei brand. The source says that 8220;executives are monitoring the launch and may cut off shipments if it sells poorly as expected8221;.
Huawei8217;s founder Ren Zhengfei has confirmed a 40 percent drop in smartphone shipments outside of China 8211; a drop of some 40 to 60 million handsets. That8217;s a significant chunk of Huawei8217;s business 8211; the conglomerate shifted 206 million handsets last year. Zhengfei also revealed the eye-watering figure of $30 billion 8211; that8217;s how much business he expects Huawei to lose over the next two years as a result of the ban.
The US blacklisted Huawei last month, banning US businesses from doing business with the Chinese giant. However, a temporary reprieve was granted until August. We8217;re expecting Huawei to debut its own OS on the upcoming Mate 30 and Mate 30 Pro in October.
We8217;ve already seen Huawei8217;s handsets cut-out of 5G launches, while the launch of the Honor 20 took place last month without an on-sale date or price. We now know it is going on sale in the UK on Friday at Three, Amazon, Mobile Phones Direct, Very and Carphone Warehouse.