Racepoint Global received $1.2M from Huawei Technologies USA for handling social media work, arranging “virtual cocktails,” doing press outreach and producing videos during the six-month period ended Sept. 30, according to its Justice Dept. filing.
That fell a bit short of the $1.4M that the Boston-based firm collected for the March 31-ended period from the US affiliate of the Chinese smartphone maker that has been sanctioned by the US government.
The Trump administration cut off Huawei’s access to the American-made advanced technology chips that it needs to build telecommunications networks because it views the company as a security threat. Huawei rejects that charge.
Huawei reported Oct. 23 that nine-month sales grew 10 percent to $101B compared to a 24 percent jump for the 2019 period.
“As the world grapples with COVID-19, the global supply chain was put under intense pressure and its production and operations saw increasing difficulties,” said Huawei in a statement.
CNN reported the US sanctions make it harder for Huawei to compete with Apple and Samsung in the high-end smartphone market.
Richard Yu, CEO of Huawei consumer business group, said on Oct. 22 that his unit is "suffering" from the latest round of American sanctions.