Huawei CFO Meng Wanzhou announces record net profit despite US sanctions


Huawei chief financial officer Meng Wanzhou (centre) poses for photos after a press conference in Shenzhen on March 28, 2022. - AFP

BEIJING (AFP): Chinese telecoms giant Huawei on Monday (March 28) reported record profit for 2021 despite being heavily hit by US sanctions.

The Chinese telecom company has been caught in the crosshairs of the US-China trade and technology standoff, with the administration of former President Donald Trump moving to cripple it over cybersecurity and espionage concerns.

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China , Huawei , profits , Meng Wangzhou

   

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