Stay updated with breaking news from Eric Xu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Huawei's profits fell almost 69 percent last year, the company said Friday, as US sanctions and international economic uncertainty bit into the Chinese tech giant's earnings.
Huawei blamed rising commodity prices and increased expenses on research and development for the huge annual profit decline.
Huawei confirmed that it and other domestic firms jointly created chip design tools required to make semiconductors sized at 14 nanometers and above.
In 2018, she was arrested in Canada at the behest of the United States on fraud charges
The goal was to stabilize the business in what was otherwise a very turbulent year.