华为

Huawei shrugs off US sanctions as sales grow 18%

Huawei has reported resilient sales in 2019, in spite of an intense effort by the Trump administration to weaken the Chinese technology group and shut it out of western markets.

Revenues this year surged 18 per cent, Huawei said on Tuesday, little changed from 2018’s 19.5 per cent growth rate.

After the US banned exports to the company in May, Huawei’s founder Ren Zhengfei predicted annual revenues would remain flat from 2018 to the end of 2020, at about Rmb721bn ($100bn).

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