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 is reducing its forecast for this year’s financial performance and cutting $100 million in spending because China barred sales of the company’s gene-sequencing machines. San Diego ...
Illumina has been barred from exporting its DNA sequencers to China, which closed | Illumina has been barred from exporting ...
Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...
China announced a ban on Tuesday on imports of genetic sequencers from U.S. medical equipment maker Illumina , just minutes ...
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San Diego-based Illumina caught in U.S.-China trade warIllumina, the San Diego-based gene sequencing giant ... $123.13 Tuesday after China announced the measure as part of its reaction to new Trump administration tariffs. Illumina shares rallied ...
Illumina (ILMN) responded to the March 4 notice from the China Ministry of Commerce that the company is not permitted to export sequencing ...
Illumina navigates competition and geopolitical risks with improved margins and strong cash flow. Read my analysis of ILMN ...
Gene-sequencing giant Illumina is laying off 96 employees from its San Diego headquarters, according to paperwork filed with the state. This workforce reduction comes at a time when Illumina is ...
Illumina on Monday lowered its annual forecast and said it plans to cut $100 million in spending after China announced a ban ...
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