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Huawei’s profit sinks in 2022 amid sanctions, but sales higher
Aggregated Source: ChinaLegalBlog.com

A Huawei building in Reading, Britain, on July 14, 2020.Matthew Childs/Reuters

Huawei on Friday reported a nearly 70 per cent decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its vulnerabilities to U.S.…

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