Huawei profit sinks in 2022 amid sanctions but sales higher

World News

Huawei profit sinks in 2022 amid sanctions but sales higher

Posted on March 31, 2023 by Webpress Daily

Huawei on Friday reported a nearly 70% fall in profit last year amid sanctions and pandemic challenges, but saw its enterprise sales rise as the Chinese technology giant sought to pivot into digital industries and reduce its vulnerability to U.S. sanct…

Original Article

Henry Gonzalez

Todd Bruess

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World News

Huawei profit sinks in 2022 amid sanctions but sales higher