- Huawei’s Q1 revenue fell 16.5% to $23.5 billion.
- The company attributed the decline to lower revenue for its consumer unit.
- It is struggling to hold onto its global market share after U.S. sanctions that devastated its smartphone sales.
- Huawei has a stockpile of U.S. chips for high-end smartphones.
Huawei Technologies Ltd., China'....
Tags : CHINA HUAWEI TECHNOLOGIES LTD., CHINA GLOBAL TECH BRAND, WASHINGTON, HONOR SMARTPHONE BRAND, U.S SANCTIONS ON HUAWEI,