Huawei reduces orders for new phones, rethinks ambition to be No. 1

Huawei’s path was almost clear. After dethroning Apple to become the world’s second largest smartphone vendor in the world, it had its eyes set on displacing Samsung next. That may not have been hard considering how both Samsung’s and Apple’s market shares have been declining while Huawei’s and Honor’s were on the rise. But then came US blacklist that threw …