Concerning but is probably COVID related. We would get a better picture in 2022-2023.
There is probably a lag on deregistrations from the covid 2020 year. What I find concerning is the registrations. Which might be also why this year there have been a lot of mentions on "supporting SMEs" in official communicationsConcerning but is probably COVID related. We would get a better picture in 2022-2023.
In q4 revenue drop slower than in previous quarters. We may get soon into stabilise.
2020 Huawei revenue was still growing at 3%, and record year at 891B rmb.
Current Huawei revenue is almost back at 2017 year which was 600B RMB.
Export restriction on potassium perchlorate starts from 2022/04/01