Huawei studies Q2 income fell 38% YoY to ~$26B, up from a 16.5% drop in Q1 and 11.2% drop in This fall, as US sanctions proceed to harm gross sales (Dan Strumpf/Wall Road Journal)

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Dan Strumpf / Wall Road Journal:

Huawei studies Q2 income fell 38% YoY to ~$26B, up from a 16.5% drop in Q1 and 11.2% drop in This fall, as US sanctions proceed to harm gross sales  —  Income declines deepen amid U.S. restrictions on chip provide, strain on patrons  —  HONG KONG—China’s Huawei Applied sciences Co. reported a 38% fall …



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