Huawei. The Chinese company registered a dramatic decrease in sales in Germany following the sanctions imposed by the USA, completing the "picture" of the problems it has in Europe. After in Spain Huawei sales fell by 25% - 30%, and in France in a similar manner, in Germany the drop is even more dramatic, from 26% of the market in April, to only 6% of the market during in May.
Huawei. Practically, if in April the Chinese sold 26% of all the phones sold in Germany, in May the percentage dropped to 6%, so about a quarter of the total number of phones sold. The information comes from mobile phone operators in Germany, but also from the famous analysis agency Gfk, and based on this data, Huawei is in an extremely bad situation, despite all the contradictory statements made by the company's representatives.
Huawei. DRAMATIC DECREASE in Sales in Germany
Huawei. Apart from commercial sales, the Chinese company also has very big problems in terms of sales to other companies, which usually generate a good part of the company's total sales and quarterly receipts. At the moment, it seems that both regular customers and companies are starting to avoid Huawei products, mainly due to the blocking of updates for the Android operating system, and secondarily due to security issues.
For example, statistics from the Gesellschaft für Konsumforschung (GfK) show that Huawei's market share in the first week of May in Germany was 26 percent. Only a short time later, ie in the last week of May, the share according to the GfK market analyzes cited by our source was only six percent. Similarly, it should look at the subsidiary brand Honor, which has also suffered from significant slumps in terms of sold quantities. Sales have fallen by up to 40 percent in this case.
Huawei. The big problems the company has have affected incl Honor, the low-cost brand of the Chinese, in this situation sales falling by approximately 40% for their products, which is a significant drop for the products. These substantial decreases in the sales of phones from Huawei and Honor also affected the prices of this type of products in various stores, they continue to decrease as the sanctions imposed by the USA produce their effects.
Huawei. So far we have learned about significant decreases in the company's sales in Spain, France, Great Britain, and Germany, some of the main European markets of the Chinese, the USA managing to seriously affect the company's activity.
