The Chinese giant Huawei suffered the biggest drop in revenue in the first half of this year after the US imposed sanctions that "hurt" the sales of its smartphones worldwide.
ΑThis information comes from the electronic version of Financial Times. The president Eric Xu said survival despite US pressure was her top priority Huawei, as the company attempts to turn to software to differentiate itself.
Focus on the software includes the operating system HarmonyOS used by Huawei to replace the system Google Android. This Harmony OS is located in approx 50 million smartphones and other devices.
Ever since Washington first added Huawei in its blacklist of the 2019, is gradually tightening the grip, citing national security concerns. Suppliers that use any US technology to manufacture components for Huawei they must first obtain the approval of Washington, which has virtually stopped supplying several key components.
Revenue from the consumer electronics industry decreased by almost 47% compared to last year as the cut-off of access to critical US chips prevented the company from selling its phones. Its main activity Huawei in the sale of infrastructure equipment to telecommunications providers also decreased, decreased by 14,2%.
Entrepreneurship, which includes digital solutions for smart cities, finance, transportation, energy, manufacturing and education, was the only development segment, having 42,9 billion Rmb in sales, 18,2% increase from last year.
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