Huawei's strong results signal that a U.S.-led campaign to block its rise hasn't curbing its core business
SHENZHEN—Chinese technology giant Huawei Technologies Co. said revenue rose 20% last year to $107 billion, signaling that a U.S.-led campaign to block its rise hasn’t curbed its core business.
The Chinese company said revenue for 2018 rose to 721.2 billion yuan from 603.6 billion yuan a year earlier. Net income for 2018 rose 25% to 59.3 billion yuan.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
We got a preview of Huawei's new flagship smartphone, the P30 Pro. Here's what we thought.There are some eye-catching new features on the Huawei P30 Pro.
Read more »
Britain rebukes Huawei over security failings, discloses more flawsBritain publicly chastised China's Huawei Technologies for failing to fix l...
Read more »
Huawei presents flagship smartphone in Paris during Chinese leader's visitHuawei, the world's third-largest smartphone maker, presented its new flags...
Read more »
Huawei unveils new smartphones in EuropeHuawei announced the latest versions of its flagship smartphone, the P30 and P30 Pro, at a press conference in Paris — along with new wireless earphones and a number of wearables like sunglasses and watches
Read more »
China's Huawei sees little impact on sales from U.S. broadsideThe U.S. campaign against China's Huawei is having little impact on the com...
Read more »
EU demands scrutiny of 5G risks but no bloc-wide Huawei banThe EU demands scrutiny of 5G risks but stops short of a bloc-wide Huawei ban, despite U.S. pressure to boycott
Read more »
EU shuns US calls to ban Huawei from its future 5G networksThe European Union move comes despite U.S. pressure to boycott Huawei, citing fears of China using its equipment for espionage.
Read more »
AT&T CEO says Huawei needs to be 'interoperable' in Europe, where it controls the marketAT&T's CEO said European countries should push Huawei to make its high-speed networking equipment work with gear from competitors.
Read more »
Bahrain to use Huawei in 5G rollout despite U.S. warningsBahrain, headquarters of the U.S. Navy's Fifth Fleet, plans to roll out a c...
Read more »