Huawei founder says revenue will be billions below forecast
https://apnews.com/2b1319794bfd4632b2eacd06ccb453af
SHENZHEN, China (AP) — Huawei's founder likened his company to a badly damaged plane Monday and said revenues will be $30 billion less than forecast over the next two years.
The Chinese telecom giant will reduce capacity but U.S. moves to restrict its business "will not stop us," Ren Zhengfei said on a panel at company headquarters.
Huawei founder says revenue will be billions below forecast
Jun 17, 2019, 7:17am UTC
https://apnews.com/2b1319794bfd4632b2eacd06ccb453af
> SHENZHEN, China (AP) — Huawei's founder likened his company to a badly damaged plane Monday and said revenues will be $30 billion less than forecast over the next two years.
> The Chinese telecom giant will reduce capacity but U.S. moves to restrict its business "will not stop us," Ren Zhengfei said on a panel at company headquarters.