Huawei is crushing Apple in China, and the US is partly to blame

Hong Kong (CNN Business)Huawei smartphones are killing the iPhone in China. Huawei’s booming sales show how major parts of its business continue to thrive even as the United States tries to persuade other countries to shut Huawei products out of 5G wireless networks and pursues criminal charges against it. The company expects to overtake Samsung as the world’s biggest smartphone maker by next year. Huawei sold 30 million phones in China in the last three months of 2018, nearly three times as many as Apple (AAPL), according to data published this week by research firms Canalys and IDC. Apple’s sales plunged almost 20%. ‘Cult status’ Huawei’s success in China, the world’s largest smartphone market, is about more than geopolitics. Chinese …