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Samsung shares rise as Huawei struggles

Energy Daily Wednesday, 22 May 2019
Seoul (AFP) May 21, 2019

Shares in Samsung Electronics climbed nearly three percent Tuesday on the back of its chief rival Huawei's mounting problems, including a decision by Google to sever ties with the Chinese mobile phone maker. It is the latest in the months-long saga between Huawei and the United States analysts warn could see Chinese semiconductor demand fall, threatening a nascent Asian recovery in the indus
Credit: Reuters - Business (Amazon FireT - Published < > Embed
News video: European shares hobbled as worries about Huawei fallout mount

European shares hobbled as worries about Huawei fallout mount 01:46

European stocks slipped on Monday as concerns about an escalating fallout from a U.S. crackdown on China's Huawei Technologies offset a slightly more positive tone on trade. Francis Maguire reports.

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