Huawei, a major Chinese telecommunications equipment company, posted sales in the first half of the year, down 29% from the same period last year, due to a decline in its mainstay smartphone business due to the effects of semiconductor export restrictions by the United States.
Huawei announced on the 6th that sales for the six months to June were 320.4 billion yuan (about 5.4 trillion yen in Japanese yen), a decrease of 29% compared to the same period last year. did.
This is because the consumer business, such as the mainstay smartphones, fell sharply by 46%.
In the background, the export restrictions on semiconductors by the United States have had a major impact on smartphone production.
According to US research firm IDC, Huawei's smartphone shipments were the highest in the world by manufacturer from April to June last year, but did not rank in the top five at the same time.
Huawei commented, "Although it was affected by external factors, I am confident that the telecommunications business will continue to grow." I want to expand.
However, there is no prospect that the US export restrictions on semiconductors will be lifted, and Huawei's 5G communication equipment is being eliminated in Europe and the United States, making it difficult to improve business performance. It has been done.