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Huawei revenue down more than 6 percent in first half of 2022: company data

Published August 12,2022
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Chinese telecom giant Huawei made 301.6 billion yuan ($44.8 billion) in revenue in the first half of 2022, down 6.2 percent on the previous year as the Covid-19 pandemic and US-China trade rivalry hit sales, company figures showed Friday.

"While our device business was heavily impacted, our ICT infrastructure business maintained steady growth," Ken Hu, Huawei's rotating chairman, said in a statement.