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Huawei doubles down on smartphones as EV sales slow

Summary by CNBC
Chinese tech company Huawei wants to rebuild its consumer business after U.S. sanctions halved segment revenue.

4 Articles

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Huawei doubles down on smartphones as EV sales slow

Chinese tech company Huawei wants to rebuild its consumer business after U.S. sanctions halved segment revenue.

·Englewood Cliffs, United States
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Confronted with a losing electric car market and fierce competition, the Chinese group Huawei is making a major strategic turn to win back its lost crown: that of smartphones.

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Huawei bets on smartphones with its own chips to recover external market, while sales of electric vehicles fall in China

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CNBC broke the news in Englewood Cliffs, United States on Thursday, October 8, 2026.
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