Huawei’s try to remain in the global market
Huawei’s try to remain in the global market |Huawei’s first priority after US sanctions is to remain in the global market Huawei China’s national telecommunications company Huawei said its first priority is to maintain its presence in the global market after US sanctions leave its product sales below expectations in 2019. Huawei chairman Eric Shaw said Say in the statement. He said that the United States has banned its companies from working with Huawei in the name of security concerns, leading to a total sales revenue of 2019 that is expected to reach 850 billion yuan $ 121 billion which is expected in 2018. It is 18% higher than the US, but this will be slightly below the forecasts of the experts, due to the lack of sales of Huawei services and products with the help of US companies.
Experts predicted sales revenues to rise to $ 125 billion a year in January 2019. Eric Shaw said the big challenge for Huawei during 2020 is to maintain its presence in the market for which its services and products There is a need to further modernize the quality and style of the products so that the demand for these services and products abroad may increase.