Embattled China Telecom Huawei Turns to Pig Farming, Car Sales, Cosmetics

Embattled China Telecom Huawei Turns to Pig Farming, Car Sales, Cosmetics
People look at the new Huawei smartphones at the company stand during the Consumer Electronics Show, Ces Asia 2019 in Shanghai on June 11, 2019. HECTOR RETAMAL/AFP via Getty Images
Jessica Mao
Updated:

China’s telecom Huawei has been hit by four rounds of U.S. sanctions in less than two years. After nearly eight months of chip shortages, Huawei’s smartphone business has been battered, forcing it to expand into “crossover” businesses, such as smart pig farming, mining, and car sales.

On May 4, Bonjour Holdings Limited, one of Hong Kong’s leading cosmetics retailers, signed a cooperation agreement with Huawei International Co. Ltd. in Hong Kong, for joint brand marketing in another Huawei “crossover” business venture.

Jessica Mao
Jessica Mao
Author
Jessica Mao is a writer for The Epoch Times with a focus on China-related topics. She began writing for the Chinese-language edition in 2009.
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