Friday, August 6, 2021

Huawei reports biggest ever revenue drop as consumer growth engine stutters

The biggest drop came from Huawei's consumer business group, which includes handsets, where revenue fell 47% to 135.7 billion yuan. https://ift.tt/3fyEiAD
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How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a "China shedding" strategy, while Shein and Meituan seek non-US growth (Meaghan Tobin/New York Times)

Meaghan Tobin / New York Times : How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” s...