fbpx

Type to search

US Sanctions Slowly ‘Strangling’ Huawei – Light Reading

Cut off from the semiconductors it needs by US sanctions, the Chinese telecom giant Huawei has sought salvation in software, but the results aren’t great, a new report says


Huawei intellectual property
Chinese courts have repeatedly issued “anti-suit injunctions” on behalf of smartphone groups such as Huawei. File photo: Reuters.

 

Cut off from the semiconductors it needs by US sanctions, the Chinese telecommunications company Huawei has sought salvation in software, Light Reading reported.

But its strategy is failing and its results are appalling, whatever Huawei says. Profits rose only because sanctions forced Huawei to sell its Honor smartphone unit and a server business that could no longer buy x86 chips.

Read the full report: Light Reading.

 

ALSO on AF:

Freed Huawei Finance Head Meng Wanzhou Back in Spotlight – WSJ

 

India Probe Found Huawei Evaded Tax, Government Source Says

 

Huawei Unveils 7 Smart Office Products Ahead of Mobile Meet

 

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

logo

AF China Bond