According to the reports of HuaweiCentral, recently Huawei CBG CEO Richard Yu made a big statement quoting the words “King will return in 2023” during an inside session. He mentioned, the company hasn’t any plan to abandon its smartphone business despite all the challenges.
The quoted words of Richard Yu indicate that the Chinese firm is drafting a conspicuous plan, which will help to obtain the crown in the market again. However, no justified words seem to provide by the official at present.
In this line, the company seems to make notable progress in settling the RF component shortages for the mobile chipsets. This realization arouses the possibility for Huawei to gain its smartphone market shares.
Also, Check: Huawei reported licensing third-party smartphone designs, preparing to answer US Sanctions
Let’s dive inside the analysis to know what will make Huawei stabilize its performance in the market-
Report: Huawei Chipset Project
According to the learnings, the Shenzen-based company is working on a huge chip project that will drive a permanent solution for the company shortage problem. In addition, the Chinese firm is likely to officially introduce the test versions of this project by the end of 2022.
Moving ahead, the final product will enter by 2023, accomplishing one of the most prominent projects of Huawei. Thereby, preparation for this chipset project of Huawei might be commenced by this time as it’s a matter of a year only.
It’s worth mentioning that, the problems for the smartphone maker starts to emerge when the US administration put the company on its entity list. This action has severely damaged the supply chain of the company, making it unable to access the 5G components for mobile chipsets.
Before concluding, let me remind you, the statement isn’t publicly disclosed yet. This could be only a leak or the beginning of leaks. We have to wait for further information regarding this subject to reach a conclusion. However, we are expecting the company establishes as the smartphone king again.
