TAIPEI -- Huawei Technologies is prioritizing its base station business while cutting procurement for its smartphone segment, the Nikkei Asian Review has learned, as Chinese President Xi Jinping vows increased spending on crucial infrastructure to help the world's second largest economy recover from the impact of the coronavirus.
"Huawei has revised down its orders for parts to go into smartphones but has switched some of the chip orders for smartphones to [chips] for its base station business," a person familiar with the matter said.
