Friday, October 29, 2021

Huawei reports Q3 revenue fell 38% YoY to $21.2B, the fourth straight quarter of declining sales, and ~$2.3B net income, as US sanctions continue to bite (Bloomberg)

Bloomberg:
Huawei reports Q3 revenue fell 38% YoY to $21.2B, the fourth straight quarter of declining sales, and ~$2.3B net income, as US sanctions continue to bite  —  - Quarterly revenue declines 38% after blacklisting by the U.S.  — Weakness at consumer business is driving the sales drop



No comments:

Post a Comment

Joel Kaplan says Meta's US fact-checking program will be over by Monday, and Community Notes will start appearing on Facebook, Threads, and Instagram (Amanda Silberling/TechCrunch)

Amanda Silberling / TechCrunch : Joel Kaplan says Meta's US fact-checking program will be over by Monday, and Community Notes will st...