Huawei wants to focus only on the high-end
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This week has been packed with news about quarterly results from various tech companies. One of them has been Huawei. The Chinese company has presented its second quarter results. These results are still positive, and the company continues to grow. But there is a problematic aspect.
Huawei wants to focus only on the high-end
The low range hardly generates benefits. Huawei's cheap mobiles are not performing as expected in the market. And it is the high-end that generates most of the profits of the company's telephone division. A result that may be surprising, but that leads the company to make a remarkable decision.
Boost the high-end
Since Huawei have stated that they will focus more efforts on high-end phones. Since they are the ones that most benefits report to the company. Therefore, Huawei makes the decision to abandon the production of low-end devices. They haven't mentioned a time period, but the idea is clear. And it seems that they are very serious plans that are already underway.
Related to this is also the decision to focus on certain markets. Those markets whose economy works well and is on the move. Therefore, China, Japan and Europe are going to be the main objectives of the company.
It is certainly a very important move for Huawei. Leaving the low end is a decision that is not taken lightly. But it seems that the Chinese company has seen that there is no place for them in this part of the market. So from now on we can only expect high-end phones from you. What do you think of this decision?
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