Source: South China Morning PostHuawei Technologies’ reported its second consecutive decline in quarterly sales, as growth in the world’s largest producer of 5G telecommunications equipment was knocked off its pace by sanctions enacted by the United States and some allies.Huawei’s first-quarter revenue fell by 16.5 per cent to 152.2 billion yuan, from 182.2 billion yuan (US$28.1 billion), the same period last year mainly due to a shrinking consumer business, the company’s main revenue earner, the company said in a statement…Read More