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The Independent UK
The Independent UK
National
Via AP news wire

China's Huawei says 2021 sales down, profit up

Huawei Meng Wanzhou China United States Iran Washington D.C. Honor
Copyright 2022 The Associated Press. All rights reserved

Chinese telecom equipment maker Huawei said Monday its sales fell but profit rose 76% in 2021, despite U.S. sanctions.

Huawei's chief financial officer was released by Canadian authorities last year, ending a standoff with Washington over the tech giant's dealings with Iran. The company is caught in the middle of tensions with Washington over technology and security.

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