Ever since the imposition of sanctions on the Chinese technology giant Huawei by the United States, the company is rapidly losing out in terms of market share globally. Not just phones, but the firm is also barred from making its own chipsets.

However, the company is still hopeful about its future in the smartphone market. Derek Yu, President of Huawei’s Consumer Business in Central and Eastern Europe, Northern Europe, and Canada made remarks about the company’s future.

He said that Huawei will keep investing in the development of flagship smartphones, especially those with foldable displays. The company will also keep the focus on its premium Mate-series and P-series flagship phones.

Further, he added that the Shanghai R&D Center is also working on a solution for 5G chips which means that Huawei’s flagship smartphone could again come with support for 5G connectivity one day.

Currently, Huawei is barred from procuring chips with support for 5G connectivity because of the sanctions and that is the reason most of the phones getting launched by Huawei come with 4G-only support.

Derek Yu has also confirmed that the Huawei Mate 50 series smartphones are all set to be officially launched in 2022. While the company’s phone comes pre-installed with the Android operating system in markets outside of China, Huawei is scheduled to open its HarmonyOS for the European market sometime next year.

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