meant it lost access to American technologies, the most critical being Google Mobile Services. Remember that back then, the company was on the verge of overtaking Samsung as the world’s largest smartphone maker, and it has fallen a long way down the order since.
Despite sales remaining essentially flat this year, the outlook was rosy enough that Yu wrote: “US restrictions are now our new normal, and we’re back to business as usual,”reported. There were no profits disclosed in the letter; Huawei typically releases full annual results in the first quarter of the following year.
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