Huawei reports Q2 revenue fell 38% YoY to ~$26B, up from a 16.5% drop in Q1 and 11.2% drop in Q4, as US sanctions continue to hurt sales (Dan Strumpf/Wall Street Journal)
Huawei reports Q2 revenue fell 38% YoY to ~$26B, up from a 16.5% drop in Q1 and 11.2% drop in Q4, as US sanctions continue to hurt sales (Dan Strumpf/Wall Street Journal) https://bit.ly/3jx5wZE
Dan Strumpf / Wall Street Journal:
Huawei reports Q2 revenue fell 38% YoY to ~$26B, up from a 16.5% drop in Q1 and 11.2% drop in Q4, as US sanctions continue to hurt sales — Revenue declines deepen amid U.S. restrictions on chip supply, pressure on buyers — HONG KONG—China's Huawei Technologies Co. reported a 38% fall …
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