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Huawei sees 20% rise in smartphone shipment in 2020 despite blockades

Huawei, which gets roughly half of its revenue from its smartphone division, has so far managed to sustain an enviable pace of growth despite its precarious situation

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Stephen Engle, Gao Yuan and Peter Elstrom | Bloomberg
Huawei Technologies Co. expects smartphone shipments to grow 20% next year -- about the same pace as in 2019 -- even if it’s blocked from the latest Google software, suggesting the Trump administration efforts to contain the company’s rise may not be working.

The world’s largest smartphone maker after Samsung Electronics Co. can rely on its massive home market and in-house software to drive a one-fifth rise in 2020 unit growth, said Will Zhang, Huawei’s president of corporate strategy. Sourcing the hardware for smartphone manufacturing wasn’t a problem because of the availability of global supply, he told Bloomberg News. Billionaire founder