Huawei consumer business group’s smartphone product line president, He Gang revealed the numbers at a launch event in Wuhan, China for its new Nova 5 phone. The phone is powered by Huawei’s new 7-nanometer chipset Kirin 810.
Huawei has been hit by devastating curbs ordered by Washington, which threatens to cripple its supply chain.
Founder and chief executive Ren Zhengfei said the ban could cost the company $30 billion in revenue this year, and that smartphone sales outside China already dropped 40 percent in the past month.