Posted inTech Wars

Huawei: good results in tough times

Huawei’s financial results for 2022 show a slight increase in revenue, steep declines in operating and net profit but no red ink, and a sound balance sheet. Considering last year’s Covid lockdown, inflation and the need to work around US sanctions, the Chinese telecom company turned in an admirable performance. Huawei’s operating margin was 6.6%, […]

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