Huawei revealed its biggest-ever decline in revenue in the first half of 2021 - it fell by almost 30% to Rmb320 billion (£35.5 billion). Earlier this

Huawei revenue sees biggest ever fall

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2021-08-09 23:00:06

Huawei revealed its biggest-ever decline in revenue in the first half of 2021 - it fell by almost 30% to Rmb320 billion (£35.5 billion).

Earlier this year the company's consumer devices chief acknowledged the challenges it faced: "US sanctions have posed great difficulties to our business operations and day-to-day work," Richard Yu, said as the company announced the launch of a new phone.

The sanctions have also effectively prevented Huawei devices from working fully with Google's Android Operating system, prompting the firm to expand the use of its own Harmony OS .

But sales outside China increased, in spite of US pressure on its allies to exclude Huawei from 5G infrastructure over concerns about national security.