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Illumina Anticipates Decreased China Revenue, $85M in Tariff Costs - San Diego Business Journal
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Illumina Anticipates Decreased China Revenue, $85M in Tariff Costs - San Diego Business Journal
SAN DIEGO – DNA sequencing giant Illumina, Inc., (Nasdaq: ILMN) expects to be hit with some $85 million in tariff costs in 2025 along with a reduction in sales across China, the company said in its latest quarterly financial report. The bulk of those costs is the result of goods being shipped to the U.S. […]
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