US sanctions drive up Huawei handset prices as company grapples with impending chip shortage

//US sanctions drive up Huawei handset prices as company grapples with impending chip shortage

US sanctions drive up Huawei handset prices as company grapples with impending chip shortage

At Shenzhen’s iconic Huaqiangbei, the world’s biggest electronics wholesale market, customers can find phones from a buffet of premium brands such as Apple, Huawei, Xiaomi and Oppo at a discount.While many of these are second-hand or refurbished, third-party vendors also stock new handsets, which they are able to offer at cheaper prices by purchasing the units through dealers at wholesale prices several hundred yuan below what the brands’ official stores sell them for.But recent US sanctions…

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By | 2020-09-03T05:52:32+00:00 September 3rd, 2020|Business|Comments Off on US sanctions drive up Huawei handset prices as company grapples with impending chip shortage