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  • Chinese telecom giant Huawei said Wednesday it achieved a record profit last year, but revenue growth slowed sharply amid the pandemic and tightening US pressure that has pushed the company into new business lines to survive. Unlisted Huawei said net profit rose 3.2 percent to 64.6 billion yuan ($9.9 billion) in 2020, while revenue inched 3.8 percent higher to 891.4 billion yuan. dma/axn
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  • Huawei posts record profit but revenue growth sags
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