Chinese companies reduce supply of smartphones to Russia

Chinese companies reduce supply of smartphones to Russia Chinese manufacturers Xiaomi, Oppo, and Huawei, have reduced the deliveries of their gadgets to Russia, citing problems with logistics and pricing.
Business
March 10, 2022 10:13
Chinese companies reduce supply of smartphones to Russia

Chinese manufacturers Xiaomi, Oppo, and Huawei, have reduced the deliveries of their gadgets to Russia, citing problems with logistics and pricing.

Report informs, referring to The Financial Times, that shipments from Chinese manufacturers Xiaomi, Oppo, and Huawei have been at least halved. These smartphone manufacturers are responsible for about 60% of the Russian market.

Openly announcing the suspension of sales in the Russian market, like Apple and Samsung, is politically sensitive, one of Huawei's former heads said, adding that from a business point of view, it makes sense to stay on the sidelines and see what happens next.

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