Huawei Reports Biggest Ever Revenue Drop Due to US Sanctions Forcing It to Sell Part of Handset Business | Technology News

Huawei Reports Biggest Ever Revenue Drop Due to US Sanctions Forcing It to Sell Part of Handset Business Huawei reported its biggest ever revenue drop in the first half of 2021, after US sanctions drove it to sell a chunk of its once-dominant handset business and before new growth areas have fully matured.