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Trade war

Huawei's troubles offer chance for Samsung to pounce

South Korean phone maker could grab market share outside China

A Samsung store in La Paz, Bolivia: The South Korean company could gain market share from Huawei in markets outside of China.   © Reuters

SEOUL -- Samsung Electronics is one of the likely beneficiaries of the U.S. crackdown on Chinese rival Huawei Technologies, which on Wednesday suffered a heavy blow to its core smartphone business after Japanese carriers said they would postpone the sale of its newest models.

However analysts warned that the South Korean tech company could suffer if the trade war between Washington and Beijing weighs on the overall smartphone market. Samsung affiliates that supply Huawei, moreover, could take a hit if the Chinese company's sales fall.

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