US Sanctions Slowly 'Strangling' Huawei

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.

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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.