Huawei reports huge drop in profits as US sanctions bite

6 articles, oldest first.

1. Digital Journal

   Huawei reports huge drop in profits as US sanctions bite ↗ (opens Digital Journal)

   Published Mar 30, 2023

   Digital Journal's feed description

   Huawei's profits fell almost 69 percent last year, the company said Friday, as US sanctions and international economic uncertainty bit into the Chinese

2. NBC Los Angeles

   Huawei Reports Biggest Profit Decline Ever as U.S. Sanctions, Pandemic Controls Hit Chinese Giant ↗ (opens NBC Los Angeles)

   Published Mar 30, 2023

   Same headline from 2 more outlets

   NBC Los Angeles's feed description

   Huawei has sought to diversify into new areas including cloud computing and automotive after a rough few years in which U.S. sanctions have hit the company.

3. WHEC Rochester

   Huawei profit sinks in 2022 amid sanctions, but sales higher ↗ (opens WHEC Rochester)

   Published Mar 30, 2023

   WHEC Rochester's feed description

   HONG KONG (AP) — Huawei on Friday reported a nearly 70% decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its vulnerabilities to U.S. sanctions.

4. New York Times

   Huawei, Pummeled by U.S. Sanctions, Reports Plunge in Profit ↗ (opens New York Times)

   Published Mar 30, 2023

   New York Times's feed description

   The company blamed the profit decline on pandemic lockdowns and an increase in research and development to counter restrictions on access to U.S. technology.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.