Redeye lower our estimates and valuation for Imint significantly as a consequence of a slowdown in China, which we believe represents almost 80% of revenues. The trade war, Chinese companies making efforts to reduce their dependence on foreign suppliers (including Huawei, Imint’s partner) and the Coronavirus, are clearly a challenging environment.
Read more and download the research update: http://bit.ly/Imintimage
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This is a press release from Redeye – Research Powered Investment Banking. https://www.redeye.se/about/
