Tag: Huawei’s revenue


U.S. Sanctions Cut Huawei’s Revenue for Fourth Straight Quarter

October 29, 2021

Via: The Wall Street Journal

Huawei Technologies Co. said its revenue fell 38% in the most recent quarter, as U.S. restrictions on its access to global chip supplies continued to take a toll on the Chinese company. Revenue at Huawei, the world’s largest maker of […]

Logistics, Process

Huawei first-half revenue up about 30% despite U.S. ban: Bloomberg

July 23, 2019

Via: Reuters

(Reuters) – Huawei Technologies Co Ltd’s revenue grew roughly 30% in the first half after select teams secured critical supplies to keep production going despite U.S. technology export restrictions, Bloomberg reported on Tuesday, citing people familiar with the matter. The […]

Logistics, Process

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue

June 17, 2019

Via: Reuters

Ren’s downbeat assessment that the ban will hit revenue by $30 billion, the first time Huawei has quantified the impact of the U.S. action, comes as a surprise after weeks of defiant comments from company executives who maintained Huawei was […]