• News
  • Business
  • Entertainment
  • Science / Health
  • Technology
Facebook Twitter Instagram
  • Contact Us
  • About Us
  • Write for Us
  • Privacy Policy
Facebook Twitter Instagram Pinterest VKontakte
EzineMarkEzineMark
  • News
  • Business
  • Entertainment
  • Science / Health
  • Technology
EzineMarkEzineMark
EzineMark » News » Technology » Huawei revenue drops to its lowest
Technology

Huawei revenue drops to its lowest

Angela SpearmanBy Angela SpearmanAugust 8, 2021Updated:August 8, 2021No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Huawei
Share
Facebook Twitter LinkedIn Pinterest Email

Huawei’s revenue dropped by almost 30% in the first half of 2021. Huawei makes money from selling phones, and people are not buying as many phones now.

The company sold its phone business following US sanctions. These made it hard for Huawei to buy components and software using US technology. Huawei’s revenue from consumer electronics, which includes phones, dropped by 47%. The company also said that the chip shortage also affected their business.

In the beginning of this year, the company’s head of consumer devices acknowledged difficulties with US sanctions. The new phone was launched to show how hard it is for the company to work with these sanctions.

The sanctions have prevented Huawei devices from working with  Google’s Android Operating system. That is why the company has started to use its own operating system called Harmony OS.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Angela Spearman

    Angela Spearman is a journalist at EzineMark who enjoys writing about the latest trending technology and business news.

    Related Posts

    How Does A Smart Thermostat Reduce Energy Consumption Of Your Home

    July 25, 2022

    What is affiliate marketing?

    July 21, 2022

    Why Laser Engraving Cutting Machine Perfect for DIY Enthusiasts

    July 20, 2022

    Companies with Online Donation Requests

    July 4, 2022

    Subscribe to Updates

    Get the latest trending news from EzineMark.

    The New Era of Insurance: Usage-based and Token-based Insurance
    August 11, 2022
    Getting a Vehicle Repair Estimate After a Car Accident
    August 11, 2022
    The growing popularity of pre-wed shoots
    August 8, 2022
    Are you struggling with PTSD after a car accident? Here are some tips to help you.
    August 4, 2022
    Oral Peptides- Too Good To Be True?
    August 3, 2022
    Awesome Silent Auction Ideas
    August 3, 2022
    How To Choose A Dentist For Your Kids
    August 2, 2022
    Everything you need to understand concerning football websites online
    August 1, 2022
    The Best Animated Shows For Adults On Netflix
    July 26, 2022
    Blockchain and Cryptocurrencies Impact
    July 26, 2022
    What Is the Importance of Health Insurance?
    July 25, 2022
    How Does A Smart Thermostat Reduce Energy Consumption Of Your Home
    July 25, 2022
    EzineMark © 2022
    • Contact Us
    • About Us
    • Write for Us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.