Huawei Shakes Off U.S. Offensive to Post Strong Results

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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.

Source: News Formal (newsformal.com)

 

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Huawei is a Chinese intelligence gathering machine. BanHuawei

But are those results real or faked?

Huawei is not listed. Why would it release its financials?

thomaspower 🤔

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