Beijing China Chinese Currency Donald Trump Huawei Renminbi Sanctions Smartphone Technology War Yuan
According to Huawei from China, sales rose in 2020 despite US sanctions By Mix BEIJING (AP) - Chinese tech giant Huawei announced on Wednesday that it had increased sales and profits over the past year. However, growth slowed after its smartphone unit was hit by US sanctions in a battle with Beijing over technology and security. China's first global technology brand reported that its phones, network devices, and other technology sales grew 3.8% from 2019 to 891.4 billion yuan ($ 135.8 billion), down from 19.1 year-on-year growth %. This was driven by a 15.4% increase in China, while sales in…
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