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Huawei Slips to No. 2 in Smartphones

Huawei Slips to No. 2 in Smartphones

Huawei Technologies Co.’s reign at the top of the global smartphone market was short-lived, a sign that U.S. efforts to curb its supply chain might be

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Huawei Technologies Co.’s reign at the top of the global smartphone market was short-lived, a sign that U.S. efforts to curb its supply chain might be starting to hurt the Chinese company.

The Shenzhen-based tech giant fell to second place in global smartphone shipments during the third quarter of the year, slipping back behind Samsung Electronics Co., according to International Data Corp., a market research firm. Huawei’s world-wide shipments fell by 22% in the third quarter, the largest year-over-year drop in smartphone…

This post first appeared on wsj.com

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