Huawei is experiencing smartphone supply problems in China due to US sanctions, causing Huawei phone prices to constantly increase. The Chinese, on the other hand, show great interest in smartphones that are on sale to support the company.
As of September 15, the US sanctions against Huawei became the harshest ever, and the Chinese technology company; TSMC began to be unable to supply hardware components such as processor, display, the memory from popular smartphone component manufacturers such as Qualcomm, Samsung, Micron, and SK Hynix.
The inability of Huawei to supply new parts limits the company’s smartphone production to its stock of parts. Analysts state that Huawei has enough stock of parts until mid-2021. Nevertheless, the stock problem of Huawei smartphones in China, which is Huawei’s homeland, causes the prices to increase significantly.
According to information from Chinese sources, the price of Huawei smartphones in China has increased by 40 percent since last January alone. While the price of models such as the already expensive Huawei Mate 30 RS Porsche Design has increased by over $ 440; The average price increase of all phones was around 60-75 dollars.
The main striking detail here is that Chinese consumers showed a great reaction to support Huawei, which was in a difficult situation due to US sanctions, and showed great interest in Huawei smartphones despite the price increase. It is stated that all Huawei phones offered for sale, especially in bulk sales made online, are sold out in a short time.
According to information reported by Evan Blass, known for its accurate leaks, Huawei’s problems with stock may cause the company to release the Huawei Mate 40 series in the global market. In addition, according to another rumor, Huawei may also narrow its model range to using parts stock more carefully.