After Pig Farming and Car Sales, China’s Telecom Huawei Is Going to Sell Cosmetics

People look at the new Huawei smartphones at the company stand during the Consumer Electronics Show, Ces Asia 2019 in Shanghai on June 11, 2019. (HECTOR RETAMAL/AFP via Getty Images)
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China’s telecom Huawei has been hit by four rounds of U.S. sanctions in less than two years. After nearly eight months of chip shortages, Huawei’s smartphone business has been battered, forcing it to expand into “crossover” businesses, such as smart pig farming, mining, and car sales. On May 4, Bonjour Holdings Limited, one of Hong Kong’s leading cosmetics retailers, signed a cooperation agreement with Huawei International Co. Ltd. in Hong Kong
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