Huawei phone prices rise in China on fears of chip shortage – iTnews

Chinese consumers are rushing to buy smartphones from Huawei featuring its high-end Kirin chips, fearing curbs on the firm’s access to US technology will soon cut off production of its premium handsets.
Phone vendors in Huaqiangbei, the world’s largest electronics market located in the southern city of Shenzhen, said prices for new and used Huawei phones had risen steadily over the past month, by around 400 to 500 yuan (A$81 to $101) on average.
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