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Channelnomics Original

Huawei Growth Stumped by Pandemic, Sanctions

April 21, 2020

China-based technology giant faces anemic sales and revenue as it grapples with slack demand, supply-chain challenges

China-based Huawei Technologies suffered a significant growth setback in the first quarter as the COVID-19 pandemic cut into sales of its smartphones and U.S. sanctions squeezed supply chains and sales opportunities.