You are here: Home » International » News » Companies
Business Standard

Huawei's Chinese mobile rivals look to capitalise on its U.S. woes

Huawei's Chinese rivals smell blood in the mid-to high-end phone market

Topics
Huawei | Xiaomi

Reuters  |  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 U.S. 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 U.S. 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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, November 23 2020. 12:47 IST
RECOMMENDED FOR YOU
.