TOKYO -- Huawei Technologies has notified its suppliers that its smartphone component orders will fall by more than 60% this year, Nikkei has learned, as U.S. sanctions continue to bite.
Huawei has notified suppliers that it plans to order enough components for 70 million to 80 million smartphones this year, according to people at multiple suppliers. The range represents more than a 60% decline from the 189 million smartphones Huawei shipped last year.
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