Friday, May 24, 2019

Hardware and software vendors continue to flee Huawei following blacklisting

Just over one week after an executive order prohibiting US companies from selling products to Huawei, the world's third largest smartphone manufacturer finds itself with few friends.

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JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)

Bloomberg : JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, a...