Subtitles section Play video Print subtitles Despite everything, Huawei is still turning out new products. Late Thursday, the Chinese firm launched its latest flagship handset, the Mate 40 Pro. A day later, it said revenues over the first nine months off the year hit just over $100 billion. Reuters calculations show that means growth off 3.7% in the third quarter. But U. S export restrictions do seem to be biting. The latest growth marks air slow down from double digit rates in previous quarter's profit margins, also declined. Now Huawei will soon stop making its high end clear in chips as US restrictions on supplying the firm take effect. Analysts expect its stockpile of the chips to run out next year. That has prompted Chinese shoppers to rush to buy the company's flagship phones while they still can. Overseas sales have been sluggish, though partly due to restrictions on Huawei's use off Google APS Last week, Reuters reported that the firm may now sell its budget on a brand to raise cash, and focus on higher end models on international pressure on Huawei only seems to be growing.
B1 huawei firm reuters growth flagship quarter Huawei's nine-month revenue growth slows as U.S. restrictions bite 9 0 林宜悉 posted on 2020/10/24 More Share Save Report Video vocabulary