December 31, 2021 Sophia Vida
Company News

Huawei Says 2021 Revenue is Expected to Drop 28.9%

On the last trading day of 2021, Huawei revealed some alarming news. The company says it now expects 2021 revenue to drop by 28.9% as sanctions drag on. The company has suffered from U.S. sanctions, the semiconductor shortage and a decrease around the world in demand for smartphones. The Chinese telecommunications giant said Friday it … Continue reading “Huawei Says 2021 Revenue is Expected to Drop 28.9%”