Huawei Ban Could Lead to Drop in Global Phone Sales

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Analyst’s Canalys reduced down their estimates for global smartphone shipments in a new report. AppleInsider reported that they now expect sales in 2019 to total 1.35 billion units. That is down 3.1% from the 1.39 billion units sold in 2018. The Huawei ban is a key factor in the drop in sales.

If found to be correct, the 2019 forecast would be a continuation of the industry’s decline, following a year-on-year contraction of 4.5 percent in 2018 from 2017. Canalys does not break down the figures to relate to specific companies, but in its post it spends a lot of time discussing Huawei, the main subject of the US measures. The firm’s base assumption will be that restrictions on Huawei will be “imposed stringently” once the 90-day reprieve expires, which will dramatically affect its ability to roll out new devices in the short term.

Check It Out: Huawei Ban Could Lead to Drop in Global Phone Sales

Huawei Ban Could Lead to Drop in Global Phone Sales
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