Huawei’s revenue hits record $122B this year despite US sanctions, forecasts ‘difficult’ 2020

Huawei on Tuesday reported resilient revenue for 2019 as the embattled Chinese technology group continues to grow despite a prolonged American campaign against its business, but cautioned that growth next year could prove more challenging. Eric Xu, Huawei’s rotating chairman, wrote in a New Year’s message to employees that the company’s revenue topped 850 billion … Continue reading Huawei’s revenue hits record $122B this year despite US sanctions, forecasts ‘difficult’ 2020