Huawei is hoping to increase its smartphone shipments up to 70 million units by 2024, two industry insiders have revealed to Nikkei.
According to the report, Huawei has also requested that its only US 4G chip supplier, Qualcomm, speed up its full year shipment of hardware months earlier fearing further US export controls.
Since the introduction of the US Science and CHIPs Act in 2022, Huawei’s presence abroad has been under tighter constraints.
Just this August the Biden administration introduced a blanket ban on all US investment towards Chinese companies that manufactured or designed what it described as “sensitive technologies” citing national security concerns.
Source : Verdict