Tuesday, 12 November 2019

Huawei: We are fighting for survival while simultaneously seeking growth

By Chris Kelly, Total Telecom
Tuesday 30 July 19

US sanctions against Huawei have had only a limited effect on the Chinese tech giant’s financial performance in H1 2019, according to senior company figures

Huawei has released a strong set of figures for the first half of 2019, posting revenue growth of over 23 per cent, despite facing a plethora of challenges this year. Total revenues stood at $58.3 billion (CNY401.3 billion), a 23.2 per cent increase on last year’s H1 figures. This year, Huawei has faced a flurry of allegations from the US over the security of its network equipment, with the US lobbying its allies to ban the Chinese tech giant from their 5G network rollout…

Huawei has released a strong set of figures for the first half of 2019, posting revenue growth of over 23 per cent, despite facing a plethora of challenges this year. Total revenues stood at $58.3 billion (CNY401.3 billion), a 23.2 per cent increase on last year’s H1 figures. This year, Huawei has faced a flurry of allegations from the US over the security of its network equipment, with the US lobbying its allies to ban the Chinese tech giant from their 5G network rollout…

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