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China's Huawei posts 25 percent rise in 2018 profit on smartphone sales

SHENZHEN/HONG KONG: China's Huawei Technologies, the world's third-largest smartphone maker, reported a 25 percent jump in 2018 net profit, buoyed by a solid performance in its home market and a booming smartphone business. Shenzhen-based Huawei raked in a net profit of 59.3 billion yuan (US$8.8 ...

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