Huawei Aims to Double Smartphone Sales

Chinese tech giant Huawei has set its sights on doubling its smartphone sales to 70 million units by the year 2024, according to a report published by the Japanese financial newspaper, Nikkei Asia.

This target surpasses the company's sales figures for both 2022 and 2023, which ranged between 60 and 70 million smartphones. This came after the company initially planned to sell around 30 million units in the current year, but later raised its projections to 40 million units due to the success of the P60 series.

Huawei is currently working on securing the necessary components from its suppliers, stockpiling lenses, cameras, circuit boards, and other parts to ensure the realization of these goals. This strong performance can be attributed to the release of the "Mate 60" series and its support for fifth-generation networks, contributing to its increasing popularity.

This initiative is part of Huawei's efforts to avoid further sanctions from the United States. Former U.S. President Donald Trump issued a decision in 2019 to ban dealings with Huawei and prevent American companies from cooperating with it.

At present, there have been no new sanctions imposed by the United States. Nevertheless, Huawei is taking necessary precautions to face any potential future developments.

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