Xiaomi CEO Lu Weibing said that Chinese technology company Huawei has lost 80 million users in the last three years due to US sanctions. Portal reports my drivers.
“According to my data, 50 million former Huawei users have passed to Xiaomi, 20 million to Apple and 10 million to Honor,” the businessman said.
The article does not say how the Xiaomi CEO obtained such data. He just pointed out that Huawei is slowly regaining its former strength in the smartphone market.
According to Weibing, Chinese Huawei is still limited in its capabilities due to sanctions that have not yet been lifted. For example, it is still difficult for a tech company to get hold of the latest technologies that support the 5G communication standard.
Weibing also pointed out that the decline in smartphone demand in the world will also affect the Chinese market. He concluded that sales in China would drop by about 13% from a year ago.
It was previously reported that the new chairman of the board of Huawei was appointed. Will be She is the daughter of founder Meng Wanzhou, who continues to work for the company after a three-year detention in Canada.