Huawei to cut smartphone production targets for 2021 – who’ll gain the most? Huawei P40 Lite

Huawei has put some great smartphones in the past such as the Huawei P30 Pro. Amidst the US sanctions hitting the company’s access to chips and semi-conductors,  reports now suggest that Huawei’s smartphone production targets for 2021 could be cut by as much as 74% compared to it’s expected shipments this year. 

The company targets to produce only about 50 million devices as against 190 million units estimated to ship in 2020 and the 240 million units it had shipped during 2019,  South Korean media reports said quoting local subcontractors to the Chinese brand.