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China tech

Huawei's overseas retreat squeezes Chinese rivals

Xiaomi, Vivo and Oppo forced abroad to offset weaker domestic sales

HONG KONG -- Washington's decision to block Huawei smartphones from using Google's mobile services has created some unexpected victims: By forcing the company to retreat from abroad, it has squeezed rival Chinese smartphone makers and reinforced Huawei's already dominant market position at home.

The latest sign of distress came late last month when Xiaomi, the fourth-largest smartphone vendor in China, announced its fifth management reshuffle this year. The shake-up comes after the Hong Kong-listed company in November reported its first quarterly decline in smartphone revenue since going public in July 2018.

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