In a media interview, Yu Chengdong (Huawe Chief Executive, Terminal BG CEO, and Smart Car Solutions CEO) stated that Huawei smartphone sales have dropped.
Huawei cannot release new 5G smartphones due to US sanctions and a lack of supply. Yu Chengdong said that Huawei, as the global leader in 5G technology, was the only manufacturer to sell 5G smartphones in the 5G era. This sounds absurd.
Huawei previously stated that the mobile phone industry is in serious trouble and that it is hard to purchase 5G-enabled Huawei smartphones. Huawei isn’t going to let go of the mobile phone business. Huawei is working hard to bring the mobile phone business back to its feet. Huawei stated that it may take years before Huawei 5G mobile phones are available to customers.
Yu Chengdong stated earlier that the US crackdown would have prevented Huawei and Apple from becoming the major mobile phone manufacturers. He described Samsung as one of the small manufacturers.