GUANGZHOU -- ZTE is considering selling off its smartphone business as a U.S. tech export ban halts production, giving heavyweights such as Huawei Technologies, Oppo Electronics and Xiaomi a chance to enlarge their shares.
The potential sale, reported by Chinese media, comes at a moment when this country's smartphone market is on the decline. Shipments in the January-March quarter this year fell below 100 million units for the first time since 2013.
