This is being seen as an attempt by the company to compete with the Western industry in face of Washington’s allegations that the smartphones by Huawei may be a security risk. The smartphone brand is now spending heavily to develop its own chip technology, which is an area where American companies like Qualcomm are leading. Coming back to the smartphone Huawei has spoken about, the company’s CEO for its consumer unit, Richard Yu has said that it will be seen showcasing its first foldable 5G handset at the Mobile World Congress 2019, that is scheduled to begin on February 25 in Barcelona. Huawei’s foldable smartphone will be powered by the company’s own Kirin 980 chipset and Balong 5000 modem instead of components from Us-based suppliers.
Yu also said that sales of Huawei smartphones and other products have not been affected by Western security warnings and he added that sales, in fact, grew by more than 50% in 2018. He was quoted saying that his unit’s sales topped $52 billion in annual revenue of the company has forecast for 2018. We should mention that till now, Huawei has not released its 2018 financial results for the entire company. Shedding some light on what we can expect, Yu said, “In this complicated political environment, we still maintain strong growth.” It is worth noticing that although Huawei is currently dependent on Intel Corp and some other suppliers based in the United States, it has developed its own chips for mobile phones and servers. We should also add that the company’s chipsets are only used in its own products. According to Xi Wang of research firm IDC, Qualcomm has a vast array of products and patents for smartphone chips, but Huawei is also catching up in the race. Speaking about Huawei’s chips, he was quoted saying, “Generally speaking, Huawei’s chips are equal to Qualcomm chips in performance. Not only at the mid-level but at the high end, Huawei can compete with Qualcomm.” For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel.
