Trump’s US Sanctions Of China’s Huawei Sends Sales Down 16.5 Percent

BEIJING: Embattled Chinese tech giant Huawei said Wednesday (Apr 28) first-quarter revenue fell after it sold its lower-priced Honor smartphone brand, but profitability improved.

Sales declined 16.5 per cent from a year earlier to 152.2 billion yuan (US$23.5 billion) due in part to lower revenue for its consumer unit, the company said. It gave no earnings but said its

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