Huawei vows to revive smartphone business, chip development despite struggles with US sanctions

Source: China – South China Morning PostTelecommunications giant Huawei Technologies Co plans to revive the fortunes of its struggling smartphone business, according to rotating chairman Guo Ping, as the company continues to work with its supply chain partners amid crippling US trade sanctions.“Huawei will remain in the smartphone business,” said Guo in comments published on Tuesday on the firm’s Chinese social media accounts, including WeChat and Weibo. “We will eventually retake our throne in the smartphone market, while continuing…Read More

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