Q4 ’19: Huawei: Volume Down and Strong Headwinds Ahead

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Report Summary:

Huawei lost its momentum in Q4 2019. It slowed down the momentum in home market and encountered annual decline in all overseas markets. Its smartphone shipments declined -7% YoY globally and its wholesale revenue dropped -3% YoY. Huawei strengthened its 5G portfolio this quarter, but suffered from overstocked 4G inventories in channels. Huawei faces strong headwinds in 2020. The outbreak of coronavirus is significantly impacting China market during 1H 2020. Overseas markets will keep the falling track because of the no access of Google Mobile Service.

Table of Contents

1. Executive Summary
2. Quarterly Financial Charts
3. New Model Analysis
4. Forecast and Outlook
5. How Can We Help You
6. Analyst Contacts

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