Tag: Huawei revenue

News and Press

Huawei says US trade ban is a ‘big difficulty’ to selling phones

March 31, 2020

Via: The Verge

Huawei’s revenue grew by 19.1 percent last year to around $121 billion, but the company says those numbers would be far higher if the United States had not cracked down on its ability to do business. Due to a trade […]

News and Press

Huawei sold more 5G smartphones than Samsung last year

January 15, 2020

Via: Phone Arena

Last year was undoubtedly a tough one for Huawei because of the ongoing US trade ban, but it still managed to outperform expectations. The company sold a record number of smartphones and its latest revelation suggests it became the 5G […]

News and Press

Huawei Reports Healthy Sales Growth Despite U.S. Export Ban

October 16, 2019

Via: Gizmodo

Huawei is reporting healthy sales growth, despite U.S. bans against the Chinese-based tech giant, according to a company statement released on Wednesday. Huawei saw revenue increase 24.4 percent for the last three quarters of the fiscal year, a financial success […]

News and Press

Huawei smartphone sales up 24 percent despite US crackdown

July 30, 2019

Via: The Verge

Huawei made 221.6 billion yuan ($32.2 billion) in revenue in the April-June quarter, a 23 percent increase over the previous quarter despite the escalation of the US-China trade war cutting off its business with American companies. Net profit margin was […]

News and Press

Huawei revenue for the first quarter of 2019 grows 39 percent

April 22, 2019

Via: Pocket Now

Reuters reports that Huawei’s first quarter revenues for the year 2019 have grown 39 percent to 179.7 billion yuan, which translates roughly to $26.81 billion. While the company didn’t make its actual net profit figures public, it said that its […]