Huawei expects 2021 revenue to drop by 28.9% as sanctions drag on - CNBC

Huawei expects 2021 revenue to drop by 28.9% as sanctions drag on - CNBC
Chinese telecommunications giant Huawei said it expects revenue for 2021 will come in at 634 billion yuan ($99 billion), a 28.9% drop from a year ago.
A Huawei store in Hangzhou displays the company's newly launched foldable smartphone, the P50 Pocket, on December 23, 2021. BEIJING Chinese telecommunications giant Huawei said Friday it expects rev… [+2677 chars] Read More



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