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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Huawei Revenue Down 5.9 Percent in First Half of 2022

This photo taken on July 8, 2022, shows the facade of the Huawei flagship store in Shenzhen, in China's southern Guangdong province. (AFP)

Huawei's revenue dipped by just under six percent in the first half of 2022, company figures showed Friday, as the Covid-19 pandemic and US-China trade rivalry hit sales.

The Chinese telecom giant brought in 301.6 billion yuan ($44.8 billion), according to the data, a slip of 5.9 percent on the previous year.

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