Monday 30 December 2019

Huawei's current chairman sees lower growth for the company next year

, a memo written to Huawei's 190,000 employees by the company's rotating chairman Eric Xu said that Huawei's growth slowed in the second half of this year. For 2019, the company grossed $120 billion, an 18% gain from 2018's top-line number. But revenue growth in the first half of this year was 23% indicating that the U.S. supply chain ban that was instituted in May is having a negative effect.

Because of the ban, Huawei cannot license the Google Play services version of Android which means that recent models like the Mate 30 series and the foldable cannot use ...

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