Huawei 2021 sales decimated by US sanctions
Chinese vendor reports a 30% drop in revenues as the US campaign finally catches up with it.
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Chinese vendor reports a 30% drop in revenues as the US campaign finally catches up with it.
Chinese telecom giant Huawei on December 31 said its annual revenue had fallen by nearly a third from the previous year, as it continued to be weighed down by US sanctions that have hit its smartphone sales.
BEIJING, Jan 3 — Chinese telecom giant Huawei said on Friday its annual revenue had fallen by nearly a third from the previous year, as it continued to be weighed down by US sanctions that have hit its smartphone sales. Huawei has been caught in the crossfire of a US-China trade and technology...
Chinese telecom giant Huawei said its annual revenue had fallen by nearly a third from the previous year.