Tuesday, 23 October, 2018

Best Buy to Stop Selling Huawei Phones

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Even if Best Buy stops selling Huawei phones, customers looking to grab a phone from the company will still be able to do so from Amazon, B&H Photo, and Newegg.

From the Best Buy side of the equation, ditching Huawei makes business sense.

Though Huawei is a giant in the phone industry Sirin Labs is also planning to release a blockchain enabled smartphone. This blow put the company in trouble to establish themselves in the U.S. market. Best Buy, the US' largest electronics retail chain, will also reportedly be joining the fray, with sources suggesting that it will terminate sales of all Huawei devices over the coming weeks.

Huawei, the world's third-largest smartphone maker, has not commented on the matter, only to say that they do not discuss partner relationships. However, like LG, Huawei focused on other products and chose to take the wraps off its MateBook X Pro laptop and two tablets, the MediaPad M5 8.4 and MediaPad M5 Pro.

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A handful of U.S. retailers, including Best Buy, opened pre-orders for Huawei's latest flagship smartphone, the Mate 10 Pro, in February. According to the sources of Cnet, Best Buy will stop selling Huawei's products in the coming weeks after ending the now available stock. The move is likely a result of USA intelligence leaders advising against buying handsets made by Huawei and fellow Chinese smartphone company ZTE due to security concerns.

Speaking about its US debut at CES in January, Richard Yu, CEO of the company's consumer business, agreed to the fact that the dearth of carrier partners would hurt the business, but said, it was a "bigger blow to consumers" as they now get one less option.

A spokesperson of Best Buy said that the firm could not give comments on specific contracts with vendors. It might be possible that Best Buy is feeling the same political pressure as both AT&T and Verizon experienced.

Following similar pressure from United States gov officials, AT&T and Verizon recently backed out of deals to flog Huawei smartphones. It's another step in a series of slightly hostile actions against Chinese manufacturers, partially due to security concerns.