Huawei Revenue Slides in Q3 as Smartphone Business Remains Crippled
Revenue of China’s Huawei plummeted 38 percent in the third quarter compared to the same period a year earlier, with US sanctions having hobbled its smartphone business and new potential growth areas still in their infancy. The Chinese telecoms giant posted revenue of CNY 455.8 billion (roughly Rs. 5,34,064 crore) for the first three quarters … Read more