Huawei cuts India revenue target by up to 50%, laying off staff: ET

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Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods in Asia's third-largest economy.

FILE PHOTO: People are seen inside a Huawei store at a shopping mall in Beijing, China July 14, 2020. REUTERS/Tingshu Wang

Huawei is now targeting $350-$500 million in revenue for 2020, compared with roughly $700-800 million it was aiming earlier, the newspaper reported.

 

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Very good. Any country who values their freedom should kick communist China's telecom companies out of their market.

2/2 尤其是民营企业将异常艰难。失业潮将像长江流域的洪水一样蔓延。民众的生活将比朝鲜委内瑞拉更悲惨。 有机会出逃者尽快行动。 我们帮助大家了解中国和世界,为觉醒者安排 孩童海外入学 陪读 移民 资产海外配置 西班牙实行全民 医疗教育养老 护照 免签180国 DJ事务所_西班牙

1/2 华为对自己的前程太自信太了观乐,在印度境内只裁员70%,营销额只减半。这是在用中国大陆对外资产品的抵制套路套用印度。 它到现在还没明白:印度的抵制不是为了做给某党看,而是发自内心的全民抵制。它在印度再留不下一片云彩。 中国正在一步步将自己孤立,重新走上封闭的老路。所有中企(接2/2)

Whatever you do you wouldn't get access of indian market😂😂

For every Chinese action there is a deadly Indian reaction.

Whatever we still have vivo;

Looks like India's boycott of Chinese products is working!

That’s ok. Indians don’t need jobs from Chinese investors

Indians don't care about unemployment, indians think Chinese companies will go out of business if they pull out, they just earn less.

Indians don't care about unemployment. Indians think that if Chinese companies pull out they will go out of business. If Chinese companies pull out they will only make less money.

Boycott Huawei

Modi is a disaster for India!!!!

so nobody CARES about people losing their jobs,what a pity place

UsagiMaskchan 100% Go to!

Cut it down further to 80-85% will help.

Huawei is no more than a copycat, not surprising if it is also a IP theft, nothing creative at all.

Very nice ! 🇨🇦

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