Leave a comment

Best Buy Latest to Abandon Huawei

Paul Rubens - March 22, 2018 - 12:02 PM
Best Buy Latest to Abandon Huawei
The giant retailer is the latest company to shun the Chinese manufacturer.

(CCM) — Best Buy has decided to stop offering Huawei smartphones for sale at its stores, according to a report in the Wall Street Journal. The move is likely a result of U.S. intelligence leaders advising against buying handsets made by Huawei and fellow Chinese smartphone company ZTE due to security concerns.

Best Buy's decision will be another hammer blow to the company's aspirations to win significant market share in the U.S., following AT&T's decision to drop its plans to sell Huawei handsets.

President Trump also recently gave a red light to a proposed takeover of U.S.-based chip-maker Qualcomm by Singapore-based Broadcom over concerns that the deal might put Qualcomm's edge over Huawei in wireless technology research into doubt, the report says.

Huawei has the third largest market share of the global smartphone market globally after Apple and Samsung, but in the U.S. it commands a market share of just 0.2%, ranking it in 14th place. (Huawei also has a low end brand called Honor in the U.S. which has a 0.1% market share.)

Huawei denies that it or its products pose a threat to U.S. security and says that it is employee-owned. It's founder, Ren Zhengfei, was once a telecom technician in the People's Liberation Army in China.

Image: © JLekavicius - Shutterstock.com
Add comment

Comments

LocutorEnMadrid
Posts
4
Registration date
Friday March 23, 2018
Status
Member
Last seen
March 23, 2018
-
I have always liked the products of this company, although it is not of the giant Chinese manufacturers, it seems to me a robust company. in the phrase part it has excellent options. my professional demand area of ​​sound and huawei is what a professional speaker always seeks in Madrid. XXXX
ac3mark
Posts
13036
Registration date
Monday June 3, 2013
Status
Moderator
Last seen
October 11, 2019
1473 -
@LocutarEnMadrid - So you do think Best Buy is making a bad decision?
LocutorEnMadrid
Posts
4
Registration date
Friday March 23, 2018
Status
Member
Last seen
March 23, 2018
-
definitely yes
LocutorEnMadrid
Posts
4
Registration date
Friday March 23, 2018
Status
Member
Last seen
March 23, 2018
-
In Spain and Latin America Huawei is one of the most sought after companies
ac3mark
Posts
13036
Registration date
Monday June 3, 2013
Status
Moderator
Last seen
October 11, 2019
1473 -
@LocutorEnMadrid - When I go to YELP, and have it search for Best Buy in Madrid, it doesn't display any. When I search for Mcdonalds, it finds 18 of them. Are there any Best Buys in Spain?
Respond to LocutorEnMadrid