Why are Huawei phone prices rising in China?

Why are Huawei phone prices rising in China? Reuters Videos 17 September 2020 Phone vendors in the world’s largest electronics market in the southern Chinese city of Shenzhen are seeing Huawei prices on the rise. Demand for new and used phones has risen steadily over the past month. Some wholesale traders are seeing prices rise every few hours. Consumers are rushing to buy smartphones featuring high-end Kirin chips. They’re worried that Huawei’s restricted access to U.S. technology will soon block production of its premium offerings. Huawei is to stop making its Kirin chips this month because of U.S. measures to…