Deals
Huawei Braces for Phone Sales Drop of Up to 60 Million Overseas
- Apple rival could see significant sales plunge amid Trump ban
- Founder Ren Zhengfei confirms a 40% hit to overseas phone unit
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Huawei Technologies Co. is preparing for a drop in international smartphone shipments of 40 million to 60 million as the Trump administration’s blacklisting hammers one of the Chinese tech giant’s most important businesses.