At the beginning of 2019, it was planned to recruit new employees due to the growth in sales of Chinese smartphones, and now it is completely necessary to stop cooperation. Orders are reduced due to a ban on interaction with American suppliers, as a result, conducting business communication is inexpedient.
How does this threaten both companies?
Sources close to both brands claim that Taiwanese Foxconn has already closed lines designed to build Huawei electronics. However, there is reason to believe that these are temporary measures that the brand is forced to take. What could such a decision lead to?
In fact, Foxconn will not be particularly affected, as there are large partners, including Apple and Xiaomi. As for Huawei, things are mixed. At a minimum, you have to forget about the goal of maintaining superiority over Apple in terms of sales. For Samsung, the results are even worse.
At this point in time, none of the mentioned companies comment on what is happening.
