According to the portal Taiwan Economic Daily, some sources of the supply chain of Huawei saying that the company will produce many more 5G mobile phones next year and expand the outsourcing assembly.
Foxconn (Hon Hai) is the firm that manages Huawei's supply chain. It won all of the company's orders for 5G mobile phone manufacturing next year; an estimated over 50 million units, to be exact. In addition, Apple will also launch a 5G iPhone that will be manufactured by Foxconn. This manufacturing company will therefore receive large orders for Huawei and Apple 5G mobile phones next year.
Huawei is now the second largest smartphone factory in the world, behind Samsung. The total supply of its smartphones is said to increase by more than 20% to 300 million next year.
Huawei's Chairman Ren Zhengfei has repeatedly stressed that if the "temporary license" in the United States has been extended it will not have a great impact on the firm. Huawei has made preparations so that the list of entities is not canceled for a long period of time, and "foundry partners must be carefully selected." For that reason, it is that Huawei has gotten even closer to Foxconn to demand more demand that its 5G phones be made next year.
Smartphone sales are down for the third quarter of 2019, but Huawei is the only exception to this, and that is why He's so optimistic about making such a millionaire order for 5G units. The Chinese giants posted double-digit sales growth despite the slowdown in the smartphone market, Huawei and was the only one of the top five global smartphone sellers with double-digit growth in smartphone sales in the Q2019 XNUMX. It's not hard to see why they are so confident they have the numbers to back things up.