China’s Huawei braces for difficult yr with exterior dangers including to sanction demanding situations

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Letterings that shape the title of Chinese language smartphone and telecoms equipment maker Huawei are observed right through Huawei Attach in Shanghai, China, September 23, 2020. REUTERS/Aly Tune

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SHENZHEN, China, April 26 (Reuters) – The rotating chairman of China’s Huawei Applied sciences (HWT.UL) stated geopolitics battle, the COVID-19 pandemic, doable rises in commodity costs and fluctuating trade charges will make 2022 much more difficult for the sanction-hit tech large.

Ken Hu made the remarks on the corporate’s annual analyst summit on Tuesday.

In 2019 the U.S. Trump Management put Huawei on an export blacklist, placing its as soon as mighty handset industry beneath immense drive. The U.S. says Huawei is a safety possibility, a declare the corporate denied.

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Reporting via David Kirton, Enhancing via Louise Heavens

Our Requirements: The Thomson Reuters Accept as true with Rules.

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