Illumina lowers outlook due to China sales ban, to cut $100 million in costs, WSJ reports
ReutersMar 10, 2025 8:08 PM
March 10 (Reuters) - Illumina ILMN.O is reducing its annual forecast and cutting $100 million in spending because China barred sales of the company's gene-sequencing machines, the Wall Street Journal reported on Monday, citing the company's Chief Financial Officer Ankur Dhingra.
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