According to the Washington Post, U.S. blacklisting of the Chinese telecom giant, Huawei, will reduce the company’s sales by $30 billion over the next two years.
Questions
- By what percentage are Huawei’s cellphone sales outside China expected to drop due to the U.S. ban?
- Why did the Trump administration bar the selling of U.S. technology to Huawei?
- What action did the Federal Communications Commission (FCC) take last year against Huawei?
- What effect does this have on Android phones?
Source:
Whalen, J. (2019). Huawei says U.S. ban will cost it $30 billion in sales. The Washington Post, June 17 (Retrievable online at https://www.washingtonpost.com/business/2019/06/17/huawei-says-us-ban-will-cost-it-billion-sales/?utm_term=.ca190b7032c0)