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Huawei reported a decline in profit of almost 70% in 2022, according to its annual report. Huawei, the Chinese technology giant, has reported a decline in profit of almost 70% in 2022, according to its annual report.
Chinese telecom giant Huawei Technologies said on Tuesday that its revenue has been increased by 23.2 per cent year-on-year to USD 58.3 billion in the first half of the year, even as its top official admitted US sanctions would bring challenges in the coming months.