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General

Inphi guides revenues down by 5% after US ban of Huawei

Wednesday 22 May 2019 | 14:32 CET | News
Inphi has updated its outlook for the second quarter, based on new developments around Huawei and the US. The company expects revenues to go 5 percent lower than expected on the back of the move by the US government to put the Chinese company on a list of groups banned from doing business with the US. Inphi said more revisions could come.

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Categories: General
Companies: Huawei / Inphi
Countries: World
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