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Huawei expects 30% drop in 2021 revenue

Huawei expects 30% drop in 2021 revenue

Huawei president Guo Ping sent a letter to the company’s workers in which he said he expects a 30% drop in revenue for 2021, the result of sanctions imposed by the US over the past few years. “We have to remain faithful to our strategy

Huawei blames US government for components scarcity problem

Huawei blames US government for components scarcity problem

There is less and less hope that the problem of components scarcity will be solved in the short and medium term. Several of the world’s largest manufacturers have already assumed that the outlook is not at all easy. Huawei blames US government for components scarcity

Biden administration impose new limits on Huawei suppliers

Since 2019, Huawei has been ‘attacked’ by U.S. exports sanctions and limitations, and apparently it’s not with the Biden administration’s entry on the scene that the situation will improve for the Chinese company. Reuters says the Biden administration has further strengthened some of Huawei’s supplier