Huawei is registering the slowest growth due to US pressure

Huawei is registering the slowest growth due to US pressure
Huawei is registering the slowest growth due to US pressure

Beijing dpa:

The Chinese company, Huawei, which makes smartphones and communications equipment, said yesterday that sales in the first nine months of the year increased by 9.9%, compared to the same period last year, as its activity slowed down under US pressure.

Sales increased in the first half of the year by 13.1%, compared to the same period last year, according to the company.

And last August, Washington banned Huawei from purchasing any semiconductor chips made with US software or technology, which puts the smartphone company in trouble. The US Secretary of State, Mike Pompeo, had said that Huawei’s investments amounted to “looting”.

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