News Snapshot:
Logo of Huawei is seen in front of the local offices of Huawei in Warsaw January 11, 2019. — Reuters pic BEIJING, April 28 — Chinese telecoms giant Huawei said today that first-quarter revenue tumbled after harsh US sanctions ripped into its phone business. Huawei has been at the centre of intense US-China trade and technological rivalry in recent years and the Trump administration accused it of potential espionage on behalf of Beijing without providing hard evidence. As a result, it was placed by Washington on a 2019 blacklist that prevented it from acquiring US-made technology crucial to its operations,...
