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Huawei could be the first big casualty of China's clash with America

Hong Kong (CNN Business)In little over 30 years, Huawei has gone from scrappy startup to China's most successful global consumer brand. Now it could become the first big casualty of an escalating fight with America over trade and the future of technology. Huawei's smartphones are more popular than Apple's (AAPL) iPhone, and sales have been growing faster than Samsung (SSNLF). The company was aiming to become the world's biggest smartphone brand by next year, and lead the global rollout of next generation super-fast 5G wireless networks. Then President Donald Trump slapped it with a US export ban, barring American companies from selling components and software to Huawei without first obtaining a license. The ban has already led Google (GOOGL ...
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