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Huawei said its smartphone business fell nearly 30 percent compared to 2021. In the past years, the company's ability to work with the international computer chip industry has fallen because of a series of rules that were implemented during the Trump administration. Producing cutting-edge phones has become extremely difficult. In addition, the US sanctions also prohibit Huawei devices from running Google's most popular apps. All these measures have taken customers away from the company.
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