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☆ Huawei’s comeback gathers pace as quarterly profit surges
▼ + stars: | 2024-05-01 | by ( ) edition.cnn.com time to read: +2 min

Beijing Reuters —Huawei Technologies’s net profit leapt 564% to 19.65 billion yuan ($2.71 billion) in the first quarter, a regulatory filing by its parent company showed on Tuesday, as it continues to recover from US sanctions. Huawei’s revenue for the quarter to the end of March rose 37% to 178.5 billion yuan, the filing to China’s National Interbank Funding Center showed. It did not break down how business units, such as consumer and smart car components, performed. Apple’s share in the world’s biggest smartphone market fell to 15.7% in the first quarter from 19.7% a year earlier. It has become a force in smart car technology too, with its driver assistance system touted by at least seven Chinese automakers at the Beijing auto show.

Persons: “ digitalization, decarbonization ”, Counterpoint Organizations: Beijing Reuters, Huawei, Apple Locations: Beijing

☆ Analysis: China’s EV market reshaped by a brutal elimination round
▼ + stars: | 2024-04-24 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —A “life and death race” has begun to unfold in the world’s largest market for electric vehicles (EV). More than a dozen passenger carmakers disappeared from the market last year, according to statistics from the China Passenger Car Association. Too many playersOvercrowding is another major issue plaguing China’s EV industry. Last month, Xiaomi, a Chinese smartphone brand, launched its electric car, the SU7 sedan. “China’s EV industry has entered a stage of cyclical adjustment after two decades of growth,” he said at a forum in Beijing.

Persons: ”, Tesla, Mark Rainford, Richard Yu, Li Auto, “ They’re, Huawei’s Aito, Lei Jun, BYD, Rainford, Gan Jiayue, Wang Chuanfu, Yin Tongyue Organizations: Hong Kong CNN, Auto China, YouTube, China, “, National Development, Reform Commission, China Passenger Car Association, WM, Mitsubishi Motors, Honda, Hyundai, Ford, Huawei, EV, China Association of Auto Manufacturers, China’s EV, Li, Tesla, Porsche, Geely Auto, Meizu, Chery Auto, International Energy Agency Locations: China, Hong Kong, Beijing, Shanghai, oversupply, Meizu

☆ Huawei smartphone sales are soaring in China as Apple sinks
▼ + stars: | 2024-04-23 | by ( Diksha Madhok | ) edition.cnn.com time to read: +2 min

New Delhi CNN —Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the world’s largest smartphone market. Its market share now stands at 15.7%, while Huawei’s has jumped to 15.5%, from 9.3% last year. Counterpoint’s data comes just days after another market research firm IDC said Apple’s global smartphone sales had tumbled 10% in the first quarter, mainly because of loss of momentum in China. Overall smartphone sales in China grew 1.5% in the first quarter, according to Counterpoint. Local smartphone makers Vivo and Honor were the top two brands by market share.

Persons: ”, Ivan Lam, Huawei’s Organizations: New, New Delhi CNN, Huawei, Apple, Research, IDC Locations: New Delhi, China, Shenzhen, Washington, Beijing, United States, China . China

☆ iPhone sales are plunging. Here’s why
▼ + stars: | 2024-04-15 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +3 min

CNN —Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply. Apple took the crown last year – but only for one quarter, as Samsung took the spot back. Samsung occupied about 20.8% of market share (or 60.1 million shipments) during the quarter, followed by Apple with 17.3% (50.1 million shipments). China remains an important market for Apple as it is the largest market behind the US. “As the overall smartphone market recovers this year, with a strong focus on AI, Samsung is in good position to grow further this year,” she added.

Persons: “, ”, Nabila Popal, “ It’s, ” Popal, Xiaomi, Loren Elliott, Huawei’s, Popal, “ We’re Organizations: CNN, IDC, Apple, Samsung, Android, Galaxy, Huawei Locations: China, San Jose , California, U.S, China . China, United States

☆ Apple iPhones sales fall 24% in China amid competition and headwinds
▼ + stars: | 2024-03-05 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +3 min

Analysts from Counterpoint Research said the overall mobile market in China fell by 7% with companies including Apple, Oppo and Vivo experiencing declines. Customers that once would have considered Apple are now turning to national brands, particularly Huawei, Counterpoint said. The stock has fallen about 11.6% this year on concerns about weakening sales, particularly in China. China remains a very important market for Apple as it is the largest market behind the US. “Apple, to its credit, ended the year at number one, which was extraordinary despite headwinds from China,” he said.

Persons: “, ” Mengmeng Zhang, Huawei’s, they’ve, Jeff Fieldhack, Apple, ”, Fieldhack, CNN’s Krystal Hur Organizations: CNN, Apple, Counterpoint Research, Huawei, Counterpoint Locations: China, United States

☆ Huawei’s offices in France raided by financial prosecutors
▼ + stars: | 2024-02-09 | by ( Chris Liakos | ) edition.cnn.com time to read: +2 min

Paris/Hong Kong CNN —The French offices of Chinese tech giant Huawei were searched this week, the company confirmed Friday, saying it was fully cooperating with the authorities. The Shenzhen-based firm told CNN that the search had taken place Tuesday. While Huawei France does not wish to comment on an ongoing investigation, the company remains confident about its conclusions,” a spokesperson said. Speaking to French public radio in December, Minggang Zhang, deputy general manager of Huawei France, said the factory would begin operations by the end of 2025 in the Alsace region. “Every year, we invest some €80 million or more in research in France,” Zhang told radio network France Inter.

Persons: “, ”, Minggang Zhang, ” Zhang Organizations: Hong Kong CNN, Huawei, CNN, “ Huawei, Huawei France, France Inter, “ Locations: China, Paris, Hong Kong, Shenzhen, France, Huawei France, Alsace, “

☆ 5 huge challenges facing Apple this year
▼ + stars: | 2024-01-25 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

Behind in generative AI. A recent Reuters report noted iPhone sales in China dropped 30% in the first week of the year amid pressure from rival Huawei. Still, Barclays downgraded Apple stock earlier this month citing disappointing iPhone 15 sales in China and softening demand for the latest iPhone. Apple also faces challenges around the upcoming rollout of the Vision Pro headset, which will be its riskiest product launch in years. Tim Cook, chief executive officer of Apple Inc., speaks during a launch event for the new Apple iPhone 15 at Apple Park in Cupertino, California, on September 12, 2023.

Persons: ”, David McQueen, ALY, Dan Ives, Apple, Justin Sullivan, Jitesh, IDC –, that’s, It’s, Siri, McQueen, “, Ming Yeung, Tim Cook, Nic Coury, hasn’t, Brian Fung, Clare Duffy Organizations: CNN, Microsoft, Apple, ABI Research, Huawei, Reuters, Apple Watch, International Trade Commission, IDC, Meta, Google, Samsung, Mac, Barclays, Apple Inc, Getty, EU, Markets, Epic Locations: China, Shanghai, Cupertino , California, Milan, Italy, AFP

☆ Huawei sets up new smart car company in Shenzhen, China as it gets more serious about autos
▼ + stars: | 2024-01-18 | by ( Michelle Toh | Wayne Chang | ) edition.cnn.com time to read: +5 min

The company incorporated Shenzhen Yinwang Intelligent Technology Co Ltd on Tuesday in the southern Chinese city of Shenzhen, where Huawei is based. The news marks another milestone for Huawei, which has accelerated its automotive ambitions in the past three years. But it has been hobbled in recent years by US export restrictions, which sent the company into a tailspin. The unveiling coincided with a launch by Chinese rival Xiaomi of its own first electric car, showing how competition between the two companies has spilled over to another sector. In November, a subsidiary of Changan, a Chinese state-owned automaker, disclosed that it had partnered with Huawei to form a new company created to provide smart car systems.

Persons: Elon Musk’s Tesla, Warren Buffett Organizations: Taipei CNN, Huawei, Intelligent Technology Co, Elon, Chongqing Changan Automobile Co, Changan, Shenzhen Yinwang, Automotive, Ministry of Industry, Information Technology, Economic Locations: Hong Kong, Taipei, Shenzhen, China, Changan, Chongqing, United States, Davos, Switzerland

☆ Apple to Offer Rare Discount on iPhones in China
▼ + stars: | 2024-01-15 | by ( Alexandra Stevenson | More About Alexandra Stevenson | ) www.nytimes.com time to read: +1 min

Ever bought a discounted new phone from Apple? But in China, Apple is slashing the price of some of its latest iPhones by $70 amid worries that Chinese consumers have cooled on the brand. That would save a buyer about 6 to 8 percent, based on prices on Apple’s China website. Cutting prices on high-end electronics to buyers in China is an unexpected move for Apple, one that highlights the challenges the American company faces in China, where patriotic shoppers are choosing domestic brands amid rising US-China tensions. Apple and its Chinese rival, Huawei, are on the front lines of a battle over technology between Beijing and Washington that has seen both countries restrict access to foreign technology.

Organizations: Apple, Huawei Locations: China, Beijing, Washington

☆ Apple is offering rare iPhone discounts in China
▼ + stars: | 2024-01-15 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +2 min

New York CNN —Apple is offering temporary discounts on its iPhones and other products in China, in an extremely rare move for Apple that comes as competition within Asia’s smartphone market grows more intense. Although third-party sellers at times discount Apple products, Apple itself very rarely offers deals or sales, part of its effort to maintain a premium brand image – something that has been particularly important as Apple seeks to attract high-end buyers in China. The new discounts on the iPhone in China are raising fresh questions about how demand for Apple products is faring recently in the world’s second-largest economy. China has long been a key market for the iPhone maker, with roughly one-fifth of Apple’s overall sales last year coming from China. Last week, Apple lost its status as the stock market’s most valuable company, taking a back seat to Microsoft.

Persons: Yong Xiong Organizations: New, New York CNN, Apple, Mac, Huawei, Wall Street Journal, Research, Jefferies Research, Reuters, Microsoft Locations: New York, China

☆ Apple Had Better Watch Its Back in China
▼ + stars: | 2023-11-20 | by ( Jacky Wong | ) www.wsj.com time to read: 1 min

Xiaomi is making a renewed push in the premium segment. Photo: Cfoto/Zuma PressSignals are finally getting stronger for the global smartphone market. Chinese handset makers like Huawei, which had been locked out of the race by U.S. sanctions, are dialing back in. That adds up to a tricky outlook for Apple in China, its second-largest revenue region after North America. Huawei’s Chinese rival Xiaomi , which reported third-quarter results Monday, is also making a renewed push in the premium segment— Apple ’s bread and butter.

Organizations: Zuma Press Signals, Huawei, Apple Locations: China, North America

BEIJING, Nov 14 (Reuters) - Strong sales growth at Huawei (HWT.UL) helped power an 11% rise in China's total smartphone shipments in October, data from research firm Counterpoint showed on Tuesday, indicating signs of recovery in its lagging mobile market. Huawei was a major contributor to the average year-on-year growth in the first four weeks of October, with its sales surging 83%, a note from the firm showed. According to the Counterpoint data, Xiaomi (1810.HK) also saw a 33% increase in smartphone sales in October. China's smartphone market has seen sales fall over several quarters, with a 3% drop in the quarter ending June, according to Counterpoint. Analysts expect the market may be poised for a rebound, with research firm IDC predicting unspecified year-on-year sales growth in the fourth quarter after ten consecutive quarters of falling shipments.

Persons: Archie Zhang, we’re, ”, Ivan Lam, Yelin Mo, Brenda Goh, Jan Harvey Organizations: Huawei, HK, IDC, Thomson Locations: BEIJING, China

☆ Exclusive: Baidu placed AI chip order from Huawei in shift away from Nvidia -sources
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +4 min

Baidu ordered 1,600 of Huawei Technologies' 910B Ascend AI chips - which the Chinese firm developed as an alternative to Nvidia's A100 chip - for 200 servers, the source said, adding that by October, Huawei had delivered more 60% of the order, or about 1,000 chips, to Baidu. Baidu, alongside Chinese peers such as Tencent (0700.HK) and Alibaba (9988.HK), is known to be a long-time client of Nvidia. Baidu was not previously known to be a AI chip customer of Huawei. Huawei's website says it has since 2020 collaborated with Baidu to make its AI platform compatible with Huawei hardware. Baidu has developed its own line of Kunlun AI chips, which the company says supports large-scale AI computing, but the company has mainly relied on Nvidia's A100 chip to train its LLM.

Persons: Aly, Baidu, Ernie, Yelin Mo, Zhang Yan, Brenda Goh, Josh Ye, Gerry Doyle Organizations: Baidu, Artificial Intelligence, REUTERS, Rights, HK, Huawei, U.S ., Nvidia, Huawei Technologies, U.S, HUAWEI, Reuters, Thomson Locations: Shanghai, China, Rights BEIJING, SHANGHAI, U.S, Beijing, Hong Kong

☆ How Huawei plans to rival Nvidia in the AI chip business
▼ + stars: | 2023-11-07 | by ( Josh Ye | ) www.reuters.com time to read: +4 min

Better known globally for its telecoms and smartphones businesses, Huawei has for the past four years been building an AI chip line. Here is what we know about its Ascend AI chip series, and its main product to rival Nvidia's A100 chip, the 910B. WHY AND HOW DID HUAWEI ENTER THE AI CHIP BUSINESS? Baidu ordered 1,600 of Huawei 910B chips for 200 servers in August, one source told Reuters. Analysts have estimated China's AI chip market to be worth $7 billion and grabbing market share from Nvidia could mark a win for Huawei against the United States.

Persons: Benoit Tessier, Nvidia, CANN, Liu Qingfeng, iFlyTek, Jiang Tao, Baidu, Meng Wanzhou, Josh Ye, Brenda Goh Organizations: Huawei Technologies, Viva Technology, Porte de, REUTERS, Nvidia, Huawei, Baidu, HK, HUAWEI, Reuters, Analysts, CHINA, Thomson Locations: Porte, Paris, France, HONG KONG, China, United States

☆ Shares in China's iFlyTek tumble after reports AI-powered device criticised Mao
▼ + stars: | 2023-10-24 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

An iFlytek company sign is seen at the Appliance and Electronics World Expo (AWE) in Shanghai, China March 23, 2021. It has proposed the compilation of a blacklist of sources that cannot be used to train Chinese AI models. IFlyTek on Tuesday revealed its latest Spark AI model which the company says can rival OpenAI’s ChatGPT in most key areas. Liu said iFlytek’s model could compete with OpenAI’s GPT-4 early next year. The company also said that it is working with Huawei Technologies (HWT.UL) on an AI model training platform which uses Huawei’s flagship AI chips.

Persons: Aly, Mao Zedong, Baijiahao, Mao, iFlyTek, Liu Qingfeng, OpenAI’s, Liu, Josh Ye, Brenda Goh, Sharon Singleton Organizations: Appliance, Electronics, REUTERS, Reuters, Communist Party, Huawei Technologies, Thomson Locations: Shanghai, China, HONG KONG, iFlytek

☆ Jon Stewart’s show on Apple is over because of disagreements about China
▼ + stars: | 2023-10-20 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

Stewart informed staff Thursday that he and Apple executives agreed to part ways, according to multiple show staff members with whom Stewart discussed the matter. China worriesChina represents nearly a fifth of Apple’s sales and is the company’s fastest-growing region by far. Apple’s sales in China increased 8% between April and June (the most recent quarter for which Apple has reported its financial statement), while sales fell 6% in the Americas region during that same period. So a potentially critical look at China on Stewart’s show, streamed by Apple, may not have sat well with the consumers and officials Cook is hoping will help boost Apple’s bottom line in the region. But in its most recent season, Stewart started capturing more attention for his show, particularly in clips online, some of which went viral.

Persons: New York CNN —, Jon Stewart ”, Stewart, Tim Cook, Cook, John Oliver’s “, Tim Geithner, Gary Gensler, Nathan Dahm Organizations: New, New York CNN, Apple, The New York Times, Research, HBO, Warner Bros ., SEC, Oklahoma Locations: New York, China, Israel, Americas

☆ iPhone 15 demand dips in China, analysts say
▼ + stars: | 2023-10-16 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +2 min

CNN —Demand for Apple’s new iPhone 15 lineup is weaker in China than for last year’s models, according to analysts. Sales for the iPhone 15 are down 4.5% in China compared to iPhone 14 sales in the first two weeks after its launch, according to Counterpoint Research. Separately, Bloomberg reported on Monday financial firm Jefferies said iPhone 15 sales dropped by a double-digit percentage following strong customer demand for Huawei’s new Mate 60 smartphone line. That’s strong growth for Apple considering sales fell for the third consecutive quarter in August, ahead of the iPhone 15 launch. In September, the US government sought more information about the Mate 60 Pro’s 5G Kirin 9000s processor reportedly developed specifically for the manufacturer.

Persons: Jefferies, they’ve, ” Jeff Fieldhack, Fieldhack, Apple, ” Organizations: CNN, Research, Bloomberg, Huawei, Apple, Kirin Locations: China, United States

☆ Huawei’s New Gadgets Show How China Aims to Move Forward Without Foreign Tech
▼ + stars: | 2023-09-25 | by ( Yang Jie | Newley Purnell | ) www.wsj.com time to read: 1 min

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The launch event became the most discussed topic on Chinese social network Weibo, racking up six billion views and 1.6 million posts. Huawei quietly started selling the Mate 60 Pro in August, without a formal launch event or sharing full technical specifications. The company “knows everyone wants to know more about the chip [in the Mate 60 Pro], so them not talking about it is almost like defiance,” he said. Its share of the Chinese market rose from 6.9% to 11.3% over that period. The Shenzhen-based company has seen a recent “surge in sales” for its Mate 60 series, with weekly sales almost tripling to 225,000 units, according to Counterpoint.

Persons: Richard Yu, Tesla, ” trended, “, ”, Yu, Andy Lau, Ben Sin, Andrea Verdelli, Ivan Lam, Lam, Tesla Yu, ” Yu Organizations: Hong Kong CNN, Huawei, United, Weibo, Bloomberg, Research, Tesla’s Locations: China, Hong Kong, United States, Washington, Weibo, Beijing, Shenzhen

☆ Huawei wants to go all in on AI in first strategy update in a decade, says Meng Wanzhou
▼ + stars: | 2023-09-21 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Meng Wanzhou, Huawei’s rotating chairwoman and chief financial officer, made the announcement in Shanghai during a company event. Huawei’s decision follows a similar move by fellow Chinese tech giant Alibaba (BABA), announced earlier this month, to prioritize AI. Hacking allegationsNews of Huawei’s strategic update came the same day the company was mentioned in allegations lodged by China against the United States. In 2019, Huawei was added to the US “entity list,” which restricts exports to select organizations without a US government license. In recent weeks, Huawei has added to US-China tensions again after launching a new smartphone that represents an apparent technological breakthrough.

Persons: Meng Wanzhou, Meng, “, China —, Ren Zhengfei, Mengchen Zhang Organizations: Hong Kong CNN, Huawei, Intelligence, Iran, US Department of Justice, China’s Ministry of State Security, United, US National Security Agency, NSA Locations: China, Hong Kong, Shanghai, Canada, United States

☆ US says it has no evidence that Huawei can make advanced smartphones ‘at scale’
▼ + stars: | 2023-09-20 | by ( Michelle Toh | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Commerce Secretary Gina Raimondo says the US government has no evidence that Huawei can produce smartphones with advanced chips “at scale,” as it continues to investigate how the sanctioned Chinese manufacturer made an apparent breakthrough with its latest flagship device. On Tuesday, Raimondo told US lawmakers that she was “upset” by news of the launch of Huawei’s Mate 60 Pro during her visit to China last month. “The only good news, if there is any, is we don’t have any evidence that they can manufacture 7-nanometer [chips] at scale,” she told a US House of Representatives hearing. That surprised many because SMIC, a partially state-owned Chinese company, has also been subject to US export restrictions for years. The following year, the US government expanded on those curbs by seeking to cut Huawei off from chip suppliers that use US technology.

Persons: Gina Raimondo, Raimondo, China’s, TechInsights, Ivan Lam, Kevin Frayer, Toby Zhu, Zhu, Lam, — Rashard Rose, Mengchen Zhang Organizations: Hong Kong CNN —, Huawei, Kirin, Semiconductor Manufacturing International Corporation, CNN, SK Hynix, Huawei ”, Research, IT, Eurasia Group Locations: China, Hong Kong, Korean, Beijing, Shenzhen, Apple’s

The Shenzhen-based company has not explained exactly how seven-nanometer chips ended up in the new Mate 60 Pro smartphone series. Analysts estimate deliveries of the Mate 60 Pro could top 5 million this year. Follow @KatrinaHamlin on XCONTEXT NEWSHuawei started preselling its Mate 60 Pro+ smartphone alongside a new foldable phone in September. The Chinese company started selling its high-end smartphones Mate 60 and Mate 60 Pro at the end of August. The Huawei Mate 60 Pro contained a 7-nanometer processor that was made in China by Semiconductor Manufacturing International Corp, according to analysts at TechInsights.

Persons: TSMC, TechInsights, Una Galani, Thomas Shum Organizations: Reuters, TechInsights, Kirin, Manufacturing International Corp, HK, Washington, SK Hynix, Huawei, TSMC, Semiconductor Manufacturing International Corp, SK, South, Bloomberg, Thomson Locations: HONG KONG, China, Shenzhen, Beijing

☆ What China’s new smartphone means for Wall Street
▼ + stars: | 2023-09-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Huawei’s feat could mean that Chinese technology has been progressing much faster than previously thought. Before the Bell spoke to Zino about what’s happening and what it means for Wall Street. Huawei’s new smartphone uses an internally developed, very powerful chip that’s manufactured by the Semiconductor Manufacturing International Corporation (SMIC), a partially state-owned Chinese semiconductor foundry. In the long term, this is probably a good thing for the leading semiconductor companies like Nvidia (NVDA) and Qualcomm (QCOM). Furniture companies are in a rutPeople aren’t buying furniture like they used to, reports my colleague Samantha Delouya.

Persons: there’s, Mike Gallagher, Michael McCaul, Angelo Zino, Bell, There’s, they’ve, They’ve, it’s, Anna Cooban, Samantha Delouya, Hooker, “, ” Williams, Laura Alber Organizations: CNN Business, Bell, New York CNN —, Huawei, House, Skyworks, Materials, Semiconductor Manufacturing International Corporation, Nvidia, Qualcomm, Intel, Federal Reserve, West Elm Locations: New York, China, Taiwan, Korea, United States, Asia, Saudi Arabia, Europe, Virginia, Wayfair, Williams, Sonoma

The Mate 60 is priced from 5,999 yuan ($817.70), the same as Apple's iPhone 14 in China. Huawei's launch also comes days before Apple is expected to launch its new iPhone 15 on Sept. 12.WHO ARE THE MATE 60'S SUPPLIERS? The Mate 60 Pro contains more Chinese-made chip components than previous models, TechInsights also said. WHAT COULD IT MEAN FOR APPLE IN CHINA'S SMARTPHONE MARKET? And cumulative shipments of Mate 60 Pro could reach at least 12 million units 12 months after launch, according to Kuo.

Persons: TechInsights, Chi Kuo, Kuo, Yelin Mo, Brenda Goh, Emelia Sithole Organizations: China's Huawei Technologies, Apple, Huawei, Semiconductor Manufacturing International Corp, HK, WHO, South Korea's SK Hynix's, SK Hynix, Dongguan Chitwing Technology, ., Visionox Technology, Reuters, TF International Securities, Thomson Locations: BEIJING, SHANGHAI, China, Kirin, SMIC, South, United States, Dongguan, Suzhou, U.S, Washington, Beijing

☆ Huawei’s Breakthrough Still Shows China’s Limits in Tech Race
▼ + stars: | 2023-09-07 | by ( Jacky Wong | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/huaweis-breakthrough-still-shows-chinas-limits-in-tech-race-e07f17b2

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