Huawei posts first-ever yearly revenue decline as U.S. sanctions continue to bite, but profit surges

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Huawei's business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.

In 2021, Huawei brought in revenue of 636.8 billion Chinese yuan , a 28.5% year-on-year decline. That is the first yearly decline in revenue based on publicly available reports.

Huawei's business has been hurt by U.S. sanctions which have sought to cut it off from key software and components like semiconductors.

 

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The 'sanctions' against Huawei are actually trade protectionism, which violates the 'free market' advocated by some police, isn't it? Ironically, it survived the bullying of bullies.😄 Meng Wanzhou💃 should receive huge compensation and apology.

That's the sanctions affect Huawei

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