Friday 29 March 2019

Huawei shook off U.S. warnings to achieve two things in 2018 for the first time ever

Huawei experienced a couple of firsts last year. The Chinese phone and networking gear firm grossed over $100 billion in 2018, the first time that the company has surpassed this mark. The actual revenue garnered by Huawei last year was 721.2 billion yuan, equivalent to $107.13 billion USD. And last year, for the first time ever, Huawei's consumer division was responsible for the majority of the firm's business.

Huawei's consumer division, which includes its handsets, brought in 348.9 billion yuan ($52 billion USD) last year. That was a 45.1% hike over 2017's figure ...

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