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Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance


Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance

SHENZHEN, China, Aug 29 (Reuters) – Chinese technology giant Huawei (HWT.UL) reported strong growth in revenue and net profit in the first half of the year on Thursday. Smartphone sales were robust and business with components for smart cars was also doing well despite U.S. sanctions. Net profit rose 18% to 54.9 billion yuan ($7.7 […]