After Huawei band from the US on 15 May due to security reasons, Company losing its production and main supplier Foxconn has also closed there many of its production lines, due to this, they are losing a huge profit from the market.
Today Huawei has announced that due to the products that are exporting from America has stopped, that’s why currently discarding their plan of becoming the world’s largest smartphone maker company by 2020 was lifting.
According to South China Morning Post, ” Taiwanese electronics manufacturer Foxconn has stopped the production for Huawei because Shenzhen currently has stopped the new order. Taiwanese electronics manufacturer Foxconn also work for Apple and Shawomi for products assemble.
Huawei smartphone company chairman “Zhao Ming”, said, “As the new situation has come out, it is too early to say whether we are capable of achieving the goal for 2020.”
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