Huawei Struggling to Grow Smart Car Business, Executive Says

Software giant Huawei Technologies Co. Ltd. revealed that it is struggling to grow its fledgling smart driving systems business as Chinese automakers fear losing control of the “soul” of their cars and U.S. sanctions keep international firms at a distance.

Richard Yu, who oversees Huawei’s consumer and smart car businesses, laid bare the company’s predicament at an industry forum Saturday, which followed renewed speculation that Huawei was planning to make its own cars.