Huawei claims their smartphone business is on the road to a comeback

A few years ago, Huawei was on track to become one of the biggest smartphone makers in the world, potentially giving Apple and Samsung a run for their money. The company’s P and Mate series of phones were amazing, but unfortunately the company ran into a stumbling block when the US sanctioned them.

This effectively cut them off from doing business in the US as well as accessing tech made using US technologies or patents, essentially cutting them off at the knees. But now it looks like the company is recovering, at least that’s according to Huawei’s head of consumer business, Richard Yu.

According to Yu, he claims that Huawei’s handset business is apparently on the road to a comeback. This isn’t just the company trying to blow hot air and there are numbers to prove that. Huawei’s domestic market share in China grew by 76.1% in Q2 2023 and they are actually second place in the high-end sector, commanding 11.3% of the overall China market.

It remains to be seen if Huawei will be able to regain their former glory, but we’re not too optimistic about that as the sanctions against them are still in place, effectively locking them out of several key and major markets.

Source: Gadgets 360