The Latest Breaking News from Meng Wanzhou

Huawei 2021 Profit Leaps 76% on Asset Sales; CFO Meng Returns to Spotlight

Huawei Technologies on Monday reported asset sale gains helped lift profit 76% in 2021, turning in its first set of results under Chief Financial Officer Meng Wanzhou since she returned to China last year after nearly three years' detention in Canada. In its biggest-ever annual gain, net profit rose to…

Asharq Al-Awsat · Mar 28, 2022

China's Huawei says 2021 sales down, profit up

Chinese telecom equipment maker Huawei says its 2021 sales fell but profit rose 76% despite U.S. sanctions in a year when its chief financial officer was released by Canadian authorities, ending a standoff with Washington over its dealings with Iran

The Independent UK · Mar 28, 2022