BRIEF-Huawei Says Full Year Results To Be Affected By U.S. Ban

BRIEF-Huawei Says Full Year Results To Be Affected By U.S. Ban
  • Country:
  • China

* HUAWEI CHAIRMAN SAYS EXPECTS FULL YEAR RESULTS TO BE AFFECTED BY US BAN, BUT REMAINS CONFIDENT

* HUAWEI CHAIRMAN SAYS "BASICALLY DONE" REPAIRING CARRIER BUSINESS DAMAGE, FOCUS NOW ON CONSUMER BUSINESS * HUAWEI CHAIRMAN SAYS FIRM DID NOT STOP PRODUCTION OR SHIPMENTS FOR "A SINGLE DAY"

* HUAWEI CHAIRMAN SAYS SMALL AMOUNT OF NON-ESSENTIAL SUPPLIES HAS RESUMED, BUT NOT KEY ONES SUCH AS GOOGLE ANDROID * HUAWEI CHAIRMAN SAYS SMARTPHONE SALES IN OVERSEAS MARKET HAVE RECOVERED TO 80% OF PERFORMANCE PRIOR TO ENTITY LIST BAN

* HUAWEI CHAIRMAN SAYS WHETHER UPCOMING SMARTPHONES WILL SHIP WITH ANDROID OPERATING SYSTEM IS UP TO THE US * HUAWEI CHAIRMAN SAYS OPERATING CASH FLOW WAS POSITIVE IN FIRST-HALF

* HUAWEI CHAIRMAN SAYS SINCE BAN FIRM HAS ANALYSED PRODUCTS "ONE BY ONE" BASED ON THEIR SUPPLY CONTINUITY AND HAS GIVEN UP SOME NON-CORE PRODUCTS

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