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US-China Trade War Plunges Huawei Smartphone Sales By 40%

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Huawei founder Ren Zhengfei has said international sales of the Chinese telecoms giant’s handsets have sunk 40% in the past month as a US-led backlash against the firm intensifies. Speaking at the firm’s headquarters, Mr Ren also said the company would slash production by $30bn (£23.9bn). Last month, the US put Huawei on a list […]

 

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