Chinese smartphone brand Huawei is one of the major casualties of an escalating trade and tech stand-off between the US and China. Photo: Bloomberg
Chinese smartphone brand Huawei is one of the major casualties of an escalating trade and tech stand-off between the US and China. Photo: Bloomberg
Huawei

US sanctions drive up Huawei handset prices as company grapples with impending chip shortage

  • Prices of Huawei handsets at Shenzhen wholesale market Huaqiangbei have gone up 100 yuan to 300 yuan as dealers expect the firm’s access to chips to run dry
  • Huawei CEO Guo Ping says that US sanctions affecting the firm’s high-end Kirin chips will ‘cause certain difficulties’ but he is optimistic about resolving them

Chinese smartphone brand Huawei is one of the major casualties of an escalating trade and tech stand-off between the US and China. Photo: Bloomberg
Chinese smartphone brand Huawei is one of the major casualties of an escalating trade and tech stand-off between the US and China. Photo: Bloomberg
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