Huawei Applied sciences Co reported its worst interim income decline in a long time, as US commerce sanctions on important {hardware} parts and software program hammered gross sales at its core smartphone enterprise.First-half income fell 29.4 per cent from a yr in the past to 320 billion yuan (US$49.5 billion), based on knowledge launched on Friday by the Shenzhen-based firm, which has been reporting its monetary outcomes recurrently for greater than a decade even because it stays a privately held agency.Income from Huawei’s…
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Huawei posts worst interim sales slump in decades as smartphone, telecoms gear businesses shrink amid US sanctions
