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U.S. ban is hurting Huawei more than it thought — $30 billion more

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U.S. ban is hurting Huawei more than it thought — $30 billion more

HONG KONG — China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year.
Ren’s downbeat assessment that the ban will hit revenue by US…
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