Regardless of the rocky finish of the primary half of 2019 for Huawei, the corporate was nonetheless capable of publish significantly better revenues than the identical interval of final yr. Numbers would have actually been higher had it not been for the US restrictions besides they’re fairly promising.
Huawei recorded 30% improve in income over the course of the primary half of 2019. The rise stood at 39% for the primary quarter however then issues went south in Could and June. The accelerated 5G deployment helped the corporate preserve development with 50 industrial contracts.
So now with the US authorities and Huawei near resolving the difficulty, the Chinese language firm ought to be capable of proceed its operations and the pursuit of the number one smartphone maker spot globally.