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Huawei Smartphone Business Faces Pain Under U.S. Export Ban

Although the U.S. effort to restrict Huawei from buying American-made components was aimed at the China-based company’s telecoms equipment business, the export ban also poses risks for Huawei’s massive smartphone business. So reports Dow Jones.

The world’s No. 2 smartphone maker is delaying its goal of becoming No. 1, a company executive said at a recent tech conference. Huawei’s handsets depend on U.S. suppliers for “some crucial components and software,” according to the news service.

Read the full article from Dow Jones. 

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