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The weakening of the smartphone demand in China and the complexity of Sino-US relations prevent Chinese marketers Huawei and Xiaomi to forecast an increase of at least 20% of smartphone sales in 2019 compared to 2018.
Comment We have already reported that Huawei, inspired by the success of the current year, had increased its sales forecast for 2019 from 200 million to 230-250 million units. That's 25% more than the previous result of the current year. Optimism is supported by the strong competitiveness of Huawei's products in the emerging market fiscal and intermediate segments.
Xiaomi also has confidence in foreign markets (compared to China), including Indian markets. According to the source, 150 million smartphones should be delivered in 2019.
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