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Huawei reports deeper profit decline amid memory costs

Huawei Technologies reported a deep profit decline as rising memory costs weighed on the Chinese technology company while it increased spending on semiconductor research. The supplied summary does not state the reporting period, profit figure, memory-cost level, or a breakdown of the research spending.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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