
Smartphone
Huawei’s first quarter revenue tumbles as smartphone sales plunge
- Deanne Drexler
- April 30, 2022
- Huaweis
- plunge
- Quarter
- revenue
- Sales
- smartphone
- tumbles
Huawei’s smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers. Costfoto | Future Publishing | Getty Images BEIJING — Chinese telecommunications giant Huawei announced Thursday that first quarter revenue fell by nearly 14% from a year ago, while its profit margin more than halved. “Our […]
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