A large drop in sales for Huawei as a direct result of its US ban has been reported multiple times over the course of the past week. Throughout the process, however, the company has remained pretty quiet. But speaking at a press conference held in Madrid earlier today, Huawei finally admitted that its sales were severely impacted, albeit temporarily.

According to Pablo Wang, the head of Huawei’s Consumer Business Group in Spain, the company’s sales dropped between 25% and 30% last Monday, just one day after Google announced its plans to cut ties with Huawei. This lower rate of sales continued ...