Smelling blood, Huawei’s Chinese rivals capitalise on its US ban, raise forecast for 2021

Smelling blood, Huawei’s Chinese rivals capitalise on its US ban, raise forecast for 2021

REUTERS/Hannibal Hanschke/Files

Chinese handset rivals of Huawei Technologies including Xiaomi, Oppo, and Vivo are making aggressive moves to seize market share from their giant rival, after stepped-up U.S. sanctions hobbled Huawei’s supply chains, industry insiders say.