Huawei shrinking the size of its expected revenues amid U.S. pressure continued

Huawei Company

Said CEO of Huawei today that his company will reduce its production capacity which may affect the company’s revenue growth, as revealed the company’s plans to deal with the constant pressure of the United States of America.

” In the next two years, I think we will reduce our production capacity, and will decrease our revenue by approximately US $ 30 billion compared to the projections, and therefore our revenue from sales through this year and next year will be in the range of US $ 100 million “. Added Mr. Ren Zhengfei that Huawei would benefit the ” growth momentum ” of the New after the year 2020.

At the same time, explained Mr. Ren Zhengfei that Huawei are also looking for create different versions of their products that was announced by saying : ” in the next two years, we have a lot of challenges across a range of versions of different devices, and it will take some time to test whether that was successful. After this step, we’ll be stronger. “ Unfortunately, we don’t know what he meant , Mr. Ren Zhengfei do so, and whether that means Huawei will be finding alternatives to the components made in the United States.

However, if there was something sure of Huawei, it it is strong, and it is not there any way to beat the police to death. Generally, we will have to wait for a while before we see the results of the plans developed by Huawei to overcome the obstacles put in place by the U.S. government before it.

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