Analyst predicted Huawei's exit from the smartphone market

Another US ban on Huawei will come into effect soon. Partners will not be able to sell chips to the company if

the manufacture of which used Americantechnology. These sanctions are imposed on last year, when the US Department of Commerce limited the opportunities for companies from the country to cooperate with Huawei. Against the backdrop of these events, the analyst predicted that the Chinese company would leave the smartphone market.

The analyst believes that the third sanctions strikemay be too hard for Huawei. In the optimistic scenario, the company's share of the smartphone market will decline. With a pessimistic Huawei, it can completely leave this market.

The analysts noted that the Chinese company has high demands on the components in its smartphones. In the future, Huawei will have to save money, and this will cause changes in the component market.