> Huawei reports huge drop in profits; Meng appointed chair (2) / 33CE4XZ
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Huawei reports huge drop in profits; Meng appointed chair (2) / 33CE4XZ
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Description
Huawei announced a massive drop in 2022 profits on Friday, as the company battered by US sanctions appointed Meng Wanzhou to be its rotating chair.
A leading supplier of telecom gear, smartphones and other advanced equipment, a US-led pressure campaign in recent years has taken a major chunk out of Huawei's businesses. IMAGES AND SOUNDBITES ++ COMPLETES VIDI33CE3ZB_EN ; SEE ALSO VIDI33CE3HK_EN ++