Huawei revenue falls for first time, but profits skyrocket

Huawei revenue falls for first time, but profits skyrocket

Audio player loading… Huawei posted record profits during 2021 but saw a significant decline in revenues as the impact of US sanctions and other geopolitical developments continue to influence the company’s fortunes. The Chinese technology giant saw profits jump by 75.9%, as ongoing demand for telecoms and enterprise technologies was complemented by asset sales of […]

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