'We didn't think this matter would disrupt our business. We did not anticipate it was going to be as severe as it has become.' Huawei expects a $30 billion hit from U.S. clampdown
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Huawei founder says revenue will be billions below forecastRen Zhengfei says revenue will drop $30 billion over the next two years. He said Huawei never expected the U.S. to take what he called such extreme measures.
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U.S. Clampdown to Cost Huawei $30 Billion in Revenue, Founder SaysThe U.S. campaign against Huawei Technologies is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years.
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Microsoft resumes sales of Huawei laptops onlineThe action reflects the evolving dynamic for U.S. companies that have done business with Huawei, which has been caught in the middle of growing U.S.-China trade tension.
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U.S. chipmakers quietly lobby to ease Huawei ban: sourcesHuawei's American chip suppliers, including Qualcomm and Intel, are quietly...
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