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Tag: Eric Xu

U.S. sanctions are crippling Huawei’s consumer business.
Huawei Expects Losses Up To $40 Billion in Smartphone Revenues
Chinese company Huawei is expected to see revenues from its smartphone business drop by $30-$40 billion this year, according to Eric Xu, the company’s rotating chairman for 2021. At a press conference in Beijing, Xu...