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China's Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company's senior executive said on Saturday, in a move to expand its presence in... | April 1, 2023
SHANGHAI (Reuters) - China's Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company's senior...
Huawei has reported a nearly 70% 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. sanctions. “While it’s true that we have considerable pressures ahead of us,…
Huawei reports huge drop in profits as US sanctions bite
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