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.
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.