China's Huawei reports quarterly revenue drop as smartphone income hit

China's Huawei reports quarterly revenue drop as smartphone income hit

3 years ago
Anonymous $f-b3Pf4iLZ

https://www.reuters.com/article/us-usa-huawei-tech-results/chinas-huawei-reports-quarterly-revenue-drop-as-smartphone-income-hit-idUSKBN2CF0WI

China's Huawei Technologies saw revenue fall 16.5% in the first quarter compared to a year earlier, hurt by a dip in sales after selling its budget smartphone unit Honor in November.