Huawei is promoting smart televisions since smartphone sales have declined
Posted On July 15, 2019
Reacting to the technology sanctions imposed on Huawei by the Trump administration, the company is making a strategic product shift to smart televisions. Since the ban on access to Google’s Android operating system, the sales of Huawei’s phones have fallen 40%, though the overall business revenue grew 45% year on year to RMB 348.9 billion (around $50.7 billion) in 2018. The new products will realize its potential in video entertainment and multi-device interaction.