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

Huawei announced resilient revenue for 2019 on Tuesday as the Chinese technology group continues to grow amid America's prolonged campaign against its company, but warned that next year's growth could prove more challenging.

In a New Year's letter to staff, Huawei's rotating chairman wrote that the company's revenue this year stood at 850 billion Chinese yuan ($122 billion), a new record high for the Chinese group and an rise of 18 percent over the previous year.

Details below...

Shared On DLIKE

---