Jin and Haoyi Sun of Zhong Lun Law Firm discuss the reasons behind, and the implications of, Illumina’s inclusion in China’s ...
In the first round of retaliation in February, China imposed 15 per cent tariffs on US coal and liquified natural gas (LNG) ...
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
Beijing banned imports of Illumina’s gene-sequencing machines in response to U.S. tariffs.
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 from China, after the country banned the importation of its DNA ...
Illumina plans $100M in cost cuts for 2025 after China bans its sequencers, impacting about 7% of its $4.3 billion sales. The firm lowered its 2025 adjusted EPS guidance to $4.50, at the low end ...
SAN DIEGO, March 10, 2025 /PRNewswire/ -- Illumina, Inc. (Nasdaq: ILMN) ("Illumina" or the "company") today responded to the March 4, 2025 notice from the China Ministry of Commerce ("MOFCOM ...
They include Rajesh Subramaniam of FedEx, Bill Winters of Standard Chartered, Paul Hudson of Sanofi, and Pascal Soriot of ...
Medical researchers helped tame a worldwide pandemic, but they may be powerless against the financial disease rapidly spreading from Washington. The Trump administration’s sweeping budget cuts ...
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