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Huawei, Pummeled by U.S. Sanctions, Reports Plunge in Profit

The company blamed the profit decline on pandemic lockdowns and an increase in research and development to counter restrictions on access to U.S. technology.

Chang Che
Author: Chang Che

Written by

Chang Che

in

China, Company Reports, Computer Chips, Huawei Technologies Co Ltd, International Relations, Meng Wanzhou, Politics and Government, Telephones and Telecommunications
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