In 2019 former U.S. President Donald Trump put Huawei on an export blacklist and barred it from accessing critical technology of U.S. origin, affecting its ability to design its own chips and source components from outside vendors.
SHENZHEN, China: Chinese telecommunications giant Huawei Technologies saw its revenue drop by almost a third in the first half of 2021, with U.S. sanctions hobbling its once-dominant handset business and new business areas still in their early stages.
The company generated revenue of 320.4 billion yuan ($49.56 billion), it said on Friday.
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