ECONOMY

China telecom giant Huawei hints US pressure hurting sales

US officials have accused Chinese technology companies, including Huawei, of stealing trade secrets and threatening international cybersecurity. (File photo: AFP)

Chinese tech giant Huawei says it would have become the world’s number one smartphone marker by year’s end if it were not for “unexpected” circumstances.

Huawei’s chief strategist, Shao Yang, said Tuesday the company now has to “wait a little bit longer to achieve that.”

He did not directly refer to President Donald Trump or trade.

Washington has put Huawei on a blacklist that effectively bars US firms from selling to the company without government approval.

Huawei, the world’s top network equipment provider and second-largest smartphone maker, has become embroiled in the trade dispute between China and the US.

US officials have accused Chinese technology companies, including Huawei, of stealing trade secrets and threatening international cybersecurity.

Huawei denies that it would share users’ secrets with China’s ruling Communist Party.

SHOW MORE
Last Update: Tuesday, 11 June 2019 KSA 09:28 - GMT 06:28
Top
BREAKING NEWS

Send to a friend

Close
China telecom giant Huawei hints US pressure hurting sales
Friend's name:
Friend's Email:
Sender's name:
Sender's Email:
Captcha Code
How are we doing?
X

How are we doing?

Name Name *
Email Email *
Country Country
Message Message *
Maximum 550 words allowed