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Richard Yu, chief executive officer of Huawei Technologies Co Ltd., holds Huawei P10 smartphones during its launch, ahead of the Mobile World Congress (MWC) in Barcelona, Spain, on Sunday, Feb. 26, 2017. A theme this year at the industry's annual get-together, which runs through March 2, is the Internet of Things. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Richard Yu, chief executive officer of Huawei Technologies Co Ltd., holds Huawei P10 smartphones during its launch, ahead of the Mobile World Congress (MWC) in Barcelona, Spain, on Sunday, Feb. 26, 2017. A theme this year at the industry's annual get-together, which runs through March 2, is the Internet of Things. Photographer: Chris Ratcliffe/Bloomberg via Getty Images