Huawei is shifting its business focus back toward smartphones amid a reported slowdown in its electric vehicle sales, signaling a strategic pivot for the tech giant. The company, which has faced challenges in scaling its EV ambitions, is now emphasizing its core smartphone division as a key growth area. Industry analysts suggest the move reflects both market demand and operational adjustments following setbacks in its automotive ventures. With competition intensifying in the smartphone market, Huawei’s renewed emphasis could reshape its long-term strategy.
Huawei doubles down on smartphones as EV sales slow CNBC
