Yes, the Huawei's affair with the United States and all that it implies It seems to continue in the same way, something that is not good for the Chinese company that had already established a routine way of working and growth in the smartphone market.
This generates movements and consequences, such as launch of its new mobile OS that will take place later, in order to replace Android in its terminals, and the reduction of production orders for your components, which is what we deepen in this new opportunity.
According to the latest report from South China Morning Post, Huawei has cut back on its plans for parts production orders, as we have already pointed out slightly, and Foxconn is involved in this, since it has been to this company that the Chinese firm has given the reduction order.
While this says that Huawei's predicament is not going well, as it has been seen in the need to apply these measures due to its uncertain future, Foxconn is also affectedas it had to employ thousands of new workers at its production plants at the beginning of the year to meet Huawei's demand. Therefore, it is possible that there will be massive layoffs by Foxconn, as it will have fewer tasks, and its income will fall.
Huawei is also reconsidering its stated goals, one of which is to surpass the numbers that South Korean Samsung, its biggest rival in the field of smartphones, boasts, to go from being the second largest manufacturer of smartphones globally to the first.
In relation, Zhao Ming, the president of Honor, Huawei's sub-brand, just three days ago revealed, at a press conference held in Shanghai, China, that are rethinking their goal of outperforming Samsung next year.
When asked about his main goal for 2020, the executive said: "As the new situation arises, it is too early to say if we are capable of reaching the goal."