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Tag: annual revenue

U.S. sanctions are crippling Huawei’s consumer business.
Chinese Mobile Giant Huawei Reports Decrease in Sales but Soaring Profit as Top Executive Is Released from House Arrest
Chinese telecom maker Huawei announced Monday, March 28, that despite a decrease in sales, its overall profit rose by 76 percent in 2021.The company claimed 2021 revenue of 636.8 billion yuan ($99.9 billion), down 28.6...