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Huawei’s revenue falls 2.2% in the first 3 quarters of 2022

Revenue at Chinese telecommunications giant Huawei fell 2.2% year-on-year in the first three quarters of this year, company data showed today, as Covid-19 and US sanctions dragged down sales.

Huawei made 445.8 billion yuan (RM290.79 billion) in revenue in the first three quarters of 2022, down from 455.8 billion yuan in the same period a year earlier, according to company data.

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