The U.S. campaign against Huawei Technologies Co. is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years.
Ren Zhengfei said he expects revenue of about $100 billion for Huawei in 2019, a decline from last year’s roughly $107 billion, following lower-than-expected growth in the wake of a U.S. export blacklisting and other actions against the Chinese technology giant. Mr. Ren had earlier targeted 2019 revenue to come in around $125 billion. The privately held...
Maybe it’s time to come to a deal on trade.
They don't like it, they shouldn't have been spying on us for China.
Hopefully it’ll be way more, everything they sell they stole for us
Ren said in a very recent interview that Huawei will be 1 with or without the US so it doesn’t really need the US. So I guess USD 20-30B doesn’t really matter?
他妈的谷歌翻译有毛病，明明是华为，非得给人家翻译成哈维斯，是不是有病
'The US blacklisting happened' = the US are putting a rival under siege to destroy it.
i love it. Huawei deserves it.
Don't worry. The US is buying the jet fighters with the Huawei electronics in them 😂😂
It is perfect to blocking the Dictator's company
USA is afraid of Huawei lead in 5G
This is how you get peoples undivided attention!! realDonaldTrump
He is like jack chun
Too. Much.mony$30000millions dollars, it's pin of any country of Central America
They should do it to all Chinese companies not just one
'The [USTR]...found that 'Chinese theft of American IP currently costs between $225 billion and $600 billion annually.' So, cry me a fucking river, Huawei...
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cnnbrk - 🏆 393. / 55 Read more »
Source: WSJ - 🏆 98. / 63 Read more »