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.
(Reporting by Sneha S K; Editing by Alan Barona)
((Sneha.SK@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.