As trade disputes simmer, Chinese telecommunications giant Huawei, the No. 3 smartphone brand, is shifting its growth efforts toward Europe and Asia in the face of mounting obstacles in the U.S. market. Shenzhen-based Huawei, the world’s largest maker of telecoms equipment, has long coveted access to the U.S. but recently laid off key American employees…
China’s Huawei Says to Keep Investing in US Despite Setback
Chinese telecoms giant Huawei says it will continue to invest in the United States despite recent setbacks in its efforts to boost sales there. Xu Qingsong, also known as Jim Xu, Huawei’s head of sales and marketing, told reporters in Shenzhen he was “confident” Huawei smartphone sales would triple this year in the U.S. from…