Huawei Technologies Sees 2023 New Smartphone Shipments Reaching At Least 40M Units
Portfolio Pulse from Benzinga Newsdesk
Huawei Technologies expects its new smartphone shipments to reach at least 40 million units in 2023, according to China Securities Times.
September 12, 2023 | 2:26 pm
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POSITIVE IMPACT
Huawei's projected increase in smartphone shipments could potentially impact the iShares China Large-Cap ETF (FXI), which includes Huawei as part of its portfolio.
Huawei is a significant player in the Chinese tech industry. An increase in its smartphone shipments indicates a positive outlook for the company, which could potentially impact the performance of ETFs like FXI that include Huawei in their portfolio.
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