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Huawei reports Q2 revenue fell 38% YoY to ~$26B, greater than the 16.5% drop in Q1 and 11.2% drop in Q4, as US sanctions continue to hurt sales

huawei q2 yoy 26b q1 q4

huawei q2 yoy 26b q1 q4

Huawei reports Q2 revenue fell 38% YoY to ~$26B, greater than the 16.5% drop in Q1 and 11.2% drop in Q4, as US sanctions continue to hurt sales  —  Revenue declines deepen amid U.S. restrictions on chip supply, pressure on buyers  —  HONG KONG—China’s Huawei Technologies Co. reported …
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