ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Huawei crackdown

Huawei posts largest-ever revenue drop amid US crackdown

Restricted access to chips stifles Chinese tech titan's consumer business

Huawei has struggled to secure vital chips for its consumer electronics business, once its flagship segment.     © AP

TAIPEI -- Huawei Technologies on Friday reported its biggest-ever decline in revenue, with its first half figure plunging more than 29% on the year due to a U.S. clampdown on the company's access to key chip supplies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more