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 Article
Huawei’s Chinese mobile rivals look to capitalise on its US woes
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