Chinese technology giant Huawei suffered its biggest-ever decline in revenue in the first half of this year, after the US imposed sanctions that battered its smartphone sales around the world.
Chair Eric Xu said that survival in spite of US pressure was Huawei’s overriding priority, as it attempts a “pivot to software” to boost its resilience through diversification.
“We’ve set our strategic goals for the next five years, our aim is to survive, and to do so sustainably,” Xu said in a statement.
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