Huawei sees first-half profit drop 52 percent

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ICT infrastructure business still growing.

Huawei sees first-half profit drop 52 percent
Huawei Technologies saw its first-half net profit more than halve as a difficult economy curtailed demand from customers, compounding woes brought by US technology restrictions. Revenue dropped 5.9 percent year-on-year during the period to 301.6 billion yuan ($62.88 billion), with a sharper ...

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