Smelling blood, Huawei’s Chinese mobile rivals look to capitalise on its US woes

SHENZHEN: 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.

Last week Huawei said it has sold its budget Honor subrand for an undisclosed figure in a bid to safeguard the latter’s supply chain from U.S. action, which has made it difficult to source essential components.