Huawei Reports 16.5 Drop in Revenues in First Quarter

Chinese tech giant Huawei said Wednesday that its revenues dropped sharply in the first quarter as U.S. sanctions took a toll on its business. Huaweis revenues fell 16.5 yearonyear to 152.2 billion Chinese yuan 23.5 billion in the three months ending March 31, according to unaudited financial results revealed by the company on Wednesday. It […]
Read More