Best Buy Severs Ties With Huawei Amid Security Concerns
- Chinese phone maker loses one of its most important retailers
- Huawei previously lost deals with AT&T, Verizon Wireless
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Best Buy Co., the large consumer electronics retailer, plans to sever ties with Chinese phone maker Huawei amid U.S. government criticism of the phone maker, according to people familiar with the matter.
The U.S. retail giant will stop selling all Huawei phones, laptops, and smartwatches in the coming weeks, they said. In addition, Best Buy won’t sell phones under the Honor brand, a Huawei subsidiary that was supposed to help the Chinese phone maker sell in lower-cost smartphone markets globally, including in the U.S.