SHENZHEN, CHINA : Chinese handset rivals of Huawei Technologies including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival, after stepped-up US sanctions hobbled Huawei's supply chains, industry insiders say. Last week Huawei said it has sold its budget Honor subrand for an undisclosed figure in a bid to safeguard the latter's supply chain from US action, which has made it difficult to source essential components. All the same, Huawei's Chinese rivals smell blood in the mid-to high-end phone market. In August a Huawei executive said the company will not be able to...
Full ArticleHuawei’s Chinese mobile rivals look to capitalise on its US woes
WorldNews
0 shares
1 views
You might like
Related news coverage
Charting US Foreign Policy And Great Power Contest Post-Election – Analysis
Eurasia Review
Great power conflict is now in full force, and an about-face is out of the question, regardless of the outcome of the US elections...