The Huawei Technologies Co logo is seen on a building inside the Chinese telecoms giant's main campus in Shenzhen on September 25, 2021. Photo: AP
The Huawei Technologies Co logo is seen on a building inside the Chinese telecoms giant's main campus in Shenzhen on September 25, 2021. Photo: AP
Huawei

Huawei revenue drops 32 per cent in first nine months as US sanctions cripple its once lucrative smartphone business

  • Huawei is quickly losing relevance in China’s smartphone market, ranking No 6 in the third quarter and shipping around 5 million units during this period
  • Its net profit margin was 10.2 per cent for the three quarters, up from 8 per cent in the same period last year

Topic |   Huawei
The Huawei Technologies Co logo is seen on a building inside the Chinese telecoms giant's main campus in Shenzhen on September 25, 2021. Photo: AP
The Huawei Technologies Co logo is seen on a building inside the Chinese telecoms giant's main campus in Shenzhen on September 25, 2021. Photo: AP
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