Last year Huawei broke a record by selling more than 200 million smartphones. While this year’s estimates were looking good, with the Chinese tech giant shipping, according to analysts and researchers, more than 100 million smartphones in the first five months of the year, and a 30 percent revenue increase mostly thanks to its Chinese home market, we’re now getting official numbers from the company as it announced it financial performance for the first half of 2019.
Its revenue grew 23.2 percent year-on-year, to CNY401.3 billion ($58.2 billion), but the company recorded “excellent performance across all financial indicators”. Despite 5G roadblocks internationally, Huawei’s carrier business managed to secure 50 commercial 5G contracts, and has shipped more than 150,000 base stations.
