A Chinese news site claims that Huawei plans to make not much more than 80 million phones in 2021, as opposed to the ~189 million units it shipped in 2020. Meanwhile, other reports suggest it will also cut the P50 series' supply, and also possibly delay their unveiling until later in the year than usual.
https://www.notebookcheck.net/Huawei-s-2021-smartphone-production-is-estimated-at-60-less-compared-to-2020-as-rumors-of-a-delayed-P50-launch-emerge.523149.0.html