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Why the U.S. Smartphone Market Is Hard to Crack

It may be of little comfort to Huawei now, but history shows that cracking the U.S. smartphone market takes more than money and friends.

The Chinese telecommunications giant was on the verge of striking its first major handset deal with a U.S. carrier until AT&T pulled out of the arrangement earlier this week. Huawei has grown steadily to become the world’s third largest maker of smartphones. The U.S. market has largely remained closed off to the company, though, as national security concerns have limited its ability to…

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