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Huawei CEO Claims the Company will lose $30 Billion of Revenue over the next 2 Years due to U.S. Actions

On May 24, Patently Apple posted a report titled “The Story of the Week: Ostracizing Huawei.” It was a recap of the actions against Huawei that week by the U.S. Government, Google and 67 other firms. The following week Facebook banned pre-installation of its apps on Huawei phones and Microsoft and ARM were stopping cooperation with Huawei. With Huawei getting hit so hard and fast, Fox Business News reports that “Huawei founder and CEO Ren Zhengfei stated …

View the original article here: Huawei CEO Claims the Company will lose Billion of Revenue over the next 2 Years due to U.S. Actions

The article was originally posted on Patently Apple.
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