[LONDON] Huawei Technologies Co's European smartphone sales slumped last month, according to market research firm Kantar, after a US component supply ban on the Chinese manufacturer threatened its access to crucial handset software. Read more at The Business Times.
[LONDON] Huawei Technologies Co's European smartphone sales slumped last month, according to market research firm Kantar, after a US component supply ban on the Chinese manufacturer threatened its access to crucial handset software.
Huawei lost about a third of its market share between May and June across the UK, France, Spain, Germany and Italy, the Kantar data showed. "Early indications are that Samsung and Xiaomi are the key beneficiaries, with Apple seeing a smaller uptick in sales as a result," Kantar consumer insights director Dominic Sunnebo wrote in an emailed statement.
The White House added Huawei to its Entity List on May 20, jeopardising the technology giant's access to crucial US technology such as Alphabet Inc's Android operating system and Qualcomm Inc's microchips. Huawei's ultimate status remains unclear as trade talks between Washington and Beijing continue, although its US suppliers are still able to apply for licences.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: Downbeat Swedish earnings, oil slide hurt European shares[BENGALURU] European stock markets lost ground on Wednesday after three straight days of gains, with Swedish share prices hit by a slew of poor quarterly results and oil majors across the region reeling from this week's slide in oil prices. Read more at The Business Times.
Read more »
Bills targeting China's Huawei introduced in US CongressMembers of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid ...
Read more »
Huawei says Italy's new 5G powers discriminate against itChinese telecoms equipment group Huawei Technologies criticised the Italian government's newly beefed-up powers to intervene in the development of ...
Read more »
Bills targeting China's Huawei introduced in US CongressWASHINGTON (REUTERS) - Members of the US Senate and House of Representatives introduced bills on Tuesday (July 16) to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about US President Donald Trump's easing of restrictions on the Chinese firm.. Read more at straitstimes.com.
Read more »
Italy to drop emergency legislation on 5G golden powersItaly has bowed to pressure from Chinese telecoms equipment makers Huawei Technologies and ZTE and will drop emergency legislation strengthening ...
Read more »
Nissan, Volvo and FCA lead European sales declineEuropean car sales dropped 7.9per cent in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler (FCA) , according to industry data ...
Read more »