JERUSALEM, March 13 (Reuters) - Israel's Electra Consumer
Products said on Tuesday it had filed an 80 million
shekel ($23 million) lawsuit in Israel against China's Huawei
Technologies, accusing it of breaching a contract to
import electronics to Israeli customers.
Electra reported last month that Huawei had informed the
company it had not met purchase targets for 2017, a criteria for
extending the import agreement.
Electra says there was no reason to end the contract and
that it was now suing Huawei in an Israeli court for "a
fundamental breach of the cooperation and distribution
agreement," according to a statement on the Tel Aviv Stock
Officials at Huawei were not immediately reachable for
Electra said its subsidiary that handles the import of
smartphones, watches and other electronic devices from Huawei
had sales of 87 million shekels in the first nine months of
($1 = 3.4431 shekels)
(Reporting by Ari Rabinovitch and Steven Scheer
Editing by Mark Potter)
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