Illumina is reducing its forecast for this year’s financial performance and cutting $100 million in spending because China ...
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
President Donald Trump has started a trade war with China, but Beijing has plenty of ways to hit back. Since retaking office ...
Illumina slashes costs by $100 million after China bans its sequencers. The company lowers its 2025 EPS outlook and aims for ...
Illumina will seek to cut $100 million in expenses by the end of this fiscal year as it plans to deal with a loss of revenue ...
Illumina is not banned from operating in the country and will continue to serve its existing customers, a company ...
Illumina (ILMN) responded to the March 4 notice from the China Ministry of Commerce that the company is not permitted to export sequencing ...
GlobalData’s senior medical analyst says the ban will add to a downward trend for Illumina in the Chinese market.
Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...