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	Podcast:		WIRED Business – Spoken Edition
	Episode:		Huawei Says US Sanctions Will Reduce Revenue by $30 Billion
	Category:		Business
	Duration:		00:03:06
	Publish Date:		2019-06-19 06:10:16
	Description:		Huawei may be feeling the sting of US efforts to rein in the Chinese telecom giant. In April, Huawei reported a 39 percent increase in first-quarter revenue, despite US efforts to dissuade allies from doing business with the firm. But the company now expects its revenue to decline to $100 billion this year from $107 billion last year, founder and CEO Ren Zhengfei said during an event Monday.
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