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Excelsio Media by Nelson Alarcón - alarcónnelson

Huawei profit slumps as costs soar

Huawei profit slumps as costs soar
Huawei's net profit slumped last year as it grappled with rising material costs and booted research, but the tech conglomerate said it was ‘out of crisis mode’ and making progress in replacing components affected by US sanctions.


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