Huawei predicts biggest drop in smartphone sales in 2021

(ORDO NEWS) — TrendForce analysts have made a forecast for the smartphone market in 2021. They believe that Huawei will experience the largest drop in sales and will not even make it into the top six manufacturers.

In general, analysts are confident that the global smartphone market will grow in 2021 and recover from the pandemic. By the end of the year, experts expect 1.36 billion devices sold. This is 9% more than in 2020.

As for market trends, analysts are expecting an increase in demand for 5G smartphones. They also forecast a record drop in Huawei’s sales.

According to analysts, the Chinese company will give way to Samsung, Apple, Xiaomi, OPPO, Vivo and even Transsion (a Chinese smartphone manufacturer) in 2021. That is, Huawei is predicted to fall from third to seventh in the global ranking of companies.

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