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

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

Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant's income surged last year as it focused on boosti… [+2874 chars]

full article...