Smartphone Business Will Shrink Next Year, Says Huawei Founder

The transcript discusses Huawei's agreements with Google and the impact of the entity list on their business. Despite challenges, Huawei's Mate 30 continues to sell well, especially in China. The company is reallocating resources to address issues and projects significant growth in smartphone shipments and market share in China. However, there is uncertainty about future scenarios, with the worst case being current shipment levels.

What is the main reason for the impact on Huawei's business as discussed in the first section?

• Competition from other brands

• High production costs

• Entity list and supply cuts

• Lack of consumer interest

How has Huawei responded to the challenges posed by the entity list?

• By cutting down on research

• By increasing marketing efforts

• By mobilizing scientists and experts

• By reducing production

What is Huawei's expectation for smartphone shipments in 2020?

• A growth of 50%

• A growth of 20%

• No change

• A decrease of 10%

What market share does Huawei aim to achieve in China for smartphones?

• 50%

• 60%

• 30%

• 40%

What is considered the worst-case scenario for Huawei's smartphone shipments?

• 200 million

• 220 million

• 260 million

• 240 to 250 million