A COVID outbreak in Shenzhen has forced 100 manufacturers into a ‘closed-loop’ system, threatening a…
Reducing production at one factory creates a "chain reaction" along manufacturing lines, economists say. Read MoreSource link
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Huawei
Revenue declines but profit surges
Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company.But the Chinese technology giant's income surged last year as it focused on boosting profitability."Despite a revenue…