Huawei revenue rises in first half of 2019, despite US sanctions
30 July 2019 - 18:36
Beijing — Huawei reported a 23% rise in revenue to 401.3-billion yuan ($58bn) in the first half as the Chinese telecoms giant withstood US efforts to curb its business.
The profit margin for the period was 8.7% in the six months ended June, the Shenzhen-based company said in a statement on Tuesday. Smartphone shipments for the half jumped 24% to 118-million units...
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