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Huawei sees 29% revenue drop in first half – ZDNet

Enterprise business was Huawei’s lone source of growth as consumer and carrier businesses contract.

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Huawei reported a steep decline in its first-half revenue on Friday, with its business to the end of June reporting 320 billion yuan in sales, compared to 454 billion yuan at this time last year.
This represented a revenue contraction of 29.4% year-on-year,…

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