The import ban on Illumina's NGS sequencers follows its placement on China's Ministry of Commerce's (MOFCOM) ‘Unreliable ...
Illumina is not banned from operating in the country and will continue to serve its existing customers, a company ...
Illumina lowered its adjusted profit outlook and cut spending cost for 2025 as the company grapples with Chinese ban on its ...
China imposed an import ban on Illumina’s gene sequencers in response to President Trump’s escalating tariffs and trade war ...
China banned the import of Illumina Inc. gene-sequencing machines as part of a wave of retaliatory trade measures in response to the US doubling tariffs on all Chinese goods.
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
China accounts for about 7% of Illumina's sales. China's commerce ministry said in a statement that Illumina "violated the principle of normal market transactions, suspended normal transactions with ...
Illumina has been barred from exporting its DNA sequencers to China, which closed | Illumina has been barred from exporting ...
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 ...
Beijing banned imports of Illumina’s gene-sequencing machines in response to U.S. tariffs.
Illumina Inc. (NASDAQ:ILMN), a leading provider of next-generation sequencing (NGS) technology with annual revenue of $4.37 billion, finds itself at a critical juncture as it navigates a shifting ...
Illumina (NASDAQ:ILMN) on Monday lowered its adjusted profit outlook and cut spending costs for 2025 as the company grapples with a Chinese ban on its gene sequencers. Illumina now expects fiscal ...