Huawei denied the handset cuts: global production levels were normal and there was no significant adjustment

      On June 4, Forbes reported that huawei has cut smartphone production and suspended several production lines of its major suppliers.Huawei has categorically denied this.

      The south China morning post reported earlier that foxconn, a Taiwanese electronics manufacturer that assemps phones for many mobile phone brands including apple and xiaomi, had halted several production lines of huawei phones in recent days as the shenzhen company reduced orders for new phones.The report said it was unclear whether the cuts were temporary or permanent.An official huawei spokesman said the company's global production levels were normal and there had been no significant adjustments.