Huawei CEO says he underestimated impact of US ban
CNA,Channel NewsAsia,Huawei,Ren Zhengfei
Speaking on the impact of the US ban, Huawei founder and CEO Ren Zhengfei said his company has been hit worse than expected. Mr Ren expects revenue to drop to around $100 billion for the next two years, down from the $125 billion projected in February.
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