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Huawei crackdown

Huawei's Q3 growth slows as 'intense' US pressure hits supplies

China tech titan seeking alternative sources for key smartphone components

TAIPEI -- Huawei Technologies reported a sharp slowdown in growth as the world's biggest telecom equipment maker continues to grapple with the U.S. crackdown.

Huawei said its revenue for the first nine months of 2020 grew 9.9% to 671.3 billion yuan ($95.87 billion), down significantly from a year ago when China's biggest tech company reported a 24.4% sales jump.

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