Thursday, October 22, 2020

Huawei's growth slowed sharply due to US sanctions with Q3 revenue of $32.5B, up 3.7% YoY; revenue growth for 2020 so far is 9.9% compared to 24.4% in 2019 (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Huawei's growth slowed sharply due to US sanctions with Q3 revenue of $32.5B, up 3.7% YoY; revenue growth for 2020 so far is 9.9% compared to 24.4% in 2019  —  - For the first nine months of the year, revenue totaled 671.3 billion yuan ($98.57 billion), up 9.9% from the 610.8 billion yuan reported in the same period last year.



No comments:

Post a Comment

New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners (FinSMEs)

FinSMEs : New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Spr...