Technology

Huawei expected to drop to seventh globally in smartphone production amid US sanctions: report




Huawei Technologies Co. is predicted to fall from its current position as the third-largest smartphone maker to seventh place in 2021 amid US sanctions, even as the industry expects to produce more handsets this year, according to research company TrendForce.The Shenzhen-based telecommunications equipment giant wrested the crown of “world’s biggest smartphone vendor” from South Korea’s Samsung just last summer, but fresh US sanctions in August that cut off Huawei’s access to key software,…



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