News Snapshot:
Via NY Post : A Huawei executive says that recent US sanctions against the company have caused a shortage of computer chips for the company, hurting the growth of its smartphone business. Richard Yu, president of Huawei Technologies’ consumer business, said at a company conference for developers on Thursday that the company has still managed to gain a 51 percent market share in the Chinese smartphone industry. The US has imposed various sanctions on Huawei, citing national security concerns. The latest, ordered in August, restrict foreign semiconductor companies from selling chips to Huawei that are produced using American technology. “Even...
