U.S. supply chain ban to hurt Huawei's phone sales much less than originally thought

When Huawei was placed on the U.S. Commerce Department's Entity List in May, it seemed like the manufacturer was in for a very bad year; after all, the company was banned from purchasing components and software from its U.S. supply chain. Companies like Google, Qualcomm, Micron and ARM Holdings cut ties with the company and the rest of 2019 seemed bleak. In 2018 Huawei had shipped 206 million handsets globally, good enough for third place after Samsung and Apple and was expected to take the top spot next year. But a strong first quarter that saw phone deliveries rise 50.3% to 59 million had ...