News Snapshot:
Chinese handset rivals of Huawei Technologies together with Xiaomi, Oppo and Vivo are making aggressive strikes to seize market share from their large rival, after stepped-up U.S. sanctions hobbled Huawei’s provide chains, business insiders say. Last week Huawei mentioned it has bought its price range Honor subrand for an undisclosed determine in a bid to safeguard the latter’s provide chain from U.S. motion, which has made it troublesome to supply important elements. All the identical, Huawei’s Chinese rivals odor blood within the mid-to high-end telephone market. In August a Huawei government mentioned the corporate won’t be able to produce its...
