A month ago, new U.S. sanctions came into effect, prohibiting Huawei from purchasing components that use U.S. technology. TrendForce analysts have published a new forecast of global smartphone shipments from Chinese manufacturers.
According to the forecast of TrendForce, the smartphone market in China may undergo serious changes in the near future, as the new sanctions severely hit the local leader Huawei, but did not affect other Chinese companies.
The analytical company said that due to the new bans, the global supply of Huawei smartphones in 2020 will be about 170 million units. This is 10% less than previously expected 190 million units, and 70 million less than the company was able to ship last year. If the forecast is confirmed, the actual annual shipments of Huawei will decrease by 30%.
The document also states that the forecast for shipments of smartphones Xiaomi, Oppo and Vivo after the introduction of new sanctions was increased to 145, 140 and 110 million units, respectively. Earlier it was expected that the companies will ship 130, 130 and 106 million smartphones.
At year-end, Huawei is expected to maintain its market share at 14%, while Xiaomi, Oppo and Vivo will receive 12, 11 and 9% respectively.