Huawei has said it shipped a total of 206 million smartphones in 2018, about half in China and half overseas. Ren, 74, said Huawei planned to cut production by Sh3 trillion (USD30 billion) over the next two years to ride out the storm. But Ren, who compared Huawei to a damaged but still-flying aircraft, added that he expected the company to soon back on track. SEE ALSO :Huawei’s Q1 revenue up 39pc to Sh2.7trPresident Donald Trump's administration has essentially banned Huawei from the huge US market. Huawei strongly denies any links to China's government and says the United States has never provided proof of its accusations.

Source: Standard Digital June 18, 2019 06:33 UTC