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

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

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