Sanction-hit Huawei says revenues down 29% this year
https://www.theguardian.com/technology/2021/dec/31/sanction-hit-huawei-says-revenues-down-29-this-year
Effects of the US-China trade war felt by the telecom were ‘in line with our forecasts, says chairman Guo Ping
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.
Sanction-hit Huawei says revenues down 29% this year
Dec 31, 2021, 9:15am UTC
https://www.theguardian.com/technology/2021/dec/31/sanction-hit-huawei-says-revenues-down-29-this-year
> Effects of the US-China trade war felt by the telecom were ‘in line with our forecasts, says chairman Guo Ping
> 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.