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December 31, 2019 02:42 am GMT

Huaweis revenue hits record $122B this year despite U.S. sanctions, forecasts difficult 2020

Huawei reported resilient revenue for 2019 on Tuesday as the embattled Chinese technology group continues to grow despite prolonged American campaign against its business, but cautioned that growth next year could prove more challenging. Eric Xu, Huaweis rotating chairman, wrote in a New Year’s message to employees that the company’s revenue has topped 850 billion […]

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