Huawei Has ‘Not Given Up’ Amid Serious Financial Woes, IFA Told

Huawei “has been facing a lot of challenges the past few years,” including a 29% revenue decline in 2021 amid U.S. export sanctions and weakening smartphone demand, William Tian, Huawei Consumer Business Group president-West European region, said in an IFA 2022 keynote interview Saturday. “The past few years have been incredibly hard for everyone,” he said. “But we are still going. We are still innovating.” Said Tian: “We have not given up.”