According to reports, Huawei expects that its smartphone shipments this year will drop by more than 60 percent to about 70 million units. Huawei’s smartphone shipments in the fourth quarter of 2020 fell by 40 percent. With the U.S. sanction in 2020, Huawei has faced unprecedented challenges in chip supply. Huawei’s suppliers had been notified to cut production.
According to Huawei’s report, Huawei’s revenue comes from operators’ businesses, companies’ businesses, and consumer’ businesses. The Consumer businesses that are represented by smartphones are an important part of Huawei’s revenue. According to Huawei’s 2020 semi-annual report, the 255.8 billion yuan sales from the consumer business accounted for half of the total sales revenue of 454 billion yuan in the first half of 2020.
Recently, Huawei senior executive Duan Anguo stated that Huawei has launched a smart pig farming program. He believes that the breeding industry is moving toward digitization, intelligence, and unmanned operations. Huawei plans to apply machine vision and artificial intelligence technologies to pig farming.
Source: Finance and Economics, February 21, 2021