Chinese tech giant Huawei has recorded a slowdown in its revenue growth, with its latest annual report showing only modest gains compared to the previous year. The dip reflects weaker momentum in its consumer business, particularly as sales of smartphones and other devices begin to level off.
The slowdown comes amid sluggish domestic demand in China, which has affected consumer spending. Despite growth in other areas like automotive technology, Huawei continues to face pressure from flat device sales and rising competition in the global tech market.
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