Huawei will miss sales forecasts by about $30 billion over the next couple of years because of a US campaign against its business, the founder and CEO of the Chinese tech company said Monday. “In the next two years, I think we will reduce our capacity, our revenue will be down by about $30 billion compared to the forecast, so our sales revenue this year and next year will be about $100 billion,” Ren Zhengfei said during a panel discussion at Huawei’s headquarters in Shenzhen. Sales last year grew by about 20% to 721 billion yuan ($104 billion).
Rafael Nadal marries partner of 14 years, Xisca Perello
Rafael Nadal married his childhood sweetheart of 14 years, Xisca Perello, at a castle in Mallorca on Saturday. Nadal,…
28 | the publication reaches you by | Kuwait Online
Boursa Kuwait announces net profit of KD 5.63 million for the period ended 30 June 2020
Against the backdrop of the unprecedented conditions brought on by the COVID-19 pandemic, Boursa Kuwait saw a net profit…
16 | the publication reaches you by | Kuwait OnlineKuwait Today Business Subscription
Category: #Gulf TV, Kuwait | 2019/06/21 latest update at 7:00 AM
Source : CNN | Photocredit : Google
