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US sanctions hurt Huawei’s sales growth

US sanctions hurt Huawei’s sales growth

After the tightening of restrictions against Huawei, the sales growth of the company has seen a slowdown. A revenue of $101 billion has been generated by the company during the first nine months of 2020. This is an increase of 10% as compared to the same period last year but is still down from the jump of 24% which was witnessed last year.

Tom A
Tom A
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