Huawei is promoting smart televisions since smartphone sales have declined
Posted On July 15, 2019
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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.