{"id":41738,"date":"2021-10-29T10:49:04","date_gmt":"2021-10-29T17:49:04","guid":{"rendered":"https:\/\/lapost.us\/?p=41738"},"modified":"2021-10-29T16:49:35","modified_gmt":"2021-10-29T23:49:35","slug":"huawei-woes","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=41738","title":{"rendered":"Huawei woes"},"content":{"rendered":"<p>Chinese telecom giant\u00a0<a href=\"https:\/\/click1.email.thehill.com\/qfphyjnqdmmtcjcmtvgddthhdntrmnmbbfdqjprmssnpmm_okrtwwjzjdtljwwkkrkk.html?a=&amp;b=43956\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/click1.email.thehill.com\/qfphyjnqdmmtcjcmtvgddthhdntrmnmbbfdqjprmssnpmm_okrtwwjzjdtljwwkkrkk.html?a%3D%26b%3D43956&amp;source=gmail&amp;ust=1635636108963000&amp;usg=AFQjCNEAsc67s7yjNb_dJNLm9BTk5r9q2w\">Huawei has reported<\/a>\u00a0a 32 percent decline in sales amid U.S.-implemented sanctions on the company.<\/p>\n<p>The data released Friday said the company lost $71.2 billion in the first nine months of 2021, down 32 percent,\u00a0<a href=\"https:\/\/click1.email.thehill.com\/gttnsjwqmccdfjfcdkrmmdnnmwdpcwchhtmqjlpcggwlcy_okrtwwjzjdtljwwkkrkk.html?a=&amp;b=43956\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/click1.email.thehill.com\/gttnsjwqmccdfjfcdkrmmdnnmwdpcwchhtmqjlpcggwlcy_okrtwwjzjdtljwwkkrkk.html?a%3D%26b%3D43956&amp;source=gmail&amp;ust=1635636108963000&amp;usg=AFQjCNH1c0iMsDoUzYbj_eo5rOtU_hJD2w\">The Wall Street Journal reported<\/a>.<\/p>\n<p>The company is down $21.2 billion in the most recent quarter, compared to the same period last year, according to the report.<\/p>\n<p>The most recent quarter ending in September is also the fourth quarter the company has seen a decline in revenue as it struggles to overcome U.S. sanctions.<\/p>\n<p>The company&#8217;s rotating chairman Guo Ping said in a statement that performance was in line with company expectations, saying Huawei&#8217;s business-to-business operations remain stable while its consumer side &#8220;has been significantly impacted.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese telecom giant\u00a0Huawei has reported\u00a0a 32&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,8,7],"tags":[],"class_list":["post-41738","post","type-post","status-publish","format-standard","hentry","category-business","category-china","category-u-s-a"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/41738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41738"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/41738\/revisions"}],"predecessor-version":[{"id":41739,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/41738\/revisions\/41739"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}