Tag Archives: Huawei says US curbs to cut smartphone unit’s revenue by over $10 billion

HONG KONG/SHANGHAI: Chinese technology giant Huawei said on Friday the impact of US trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit’s revenue lower by about $10 billion this year. Huawei Technologies’ $100 billion business has been hit hard since mid-May after Washington put the world’s second-largest smartphone …

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