Huawei urges people to buy new phones

Periskopi

31 March 2019, 11:41(7 years ago)

Despite problems with the United States, the phone company Huawei did not stop yesterday they published strong sales of smartphones and growth with 19.5% of annual revenues in 2018. For the first time, the company broke their $100 billion record. The profit increased by 25% to nearly $9 billion. [...]

The other day they published strong sales of smartphones and an increase of 19.5% of annual revenues in 2018.

For the first time, the company broke their $100 billion record. The profit increased by 25% to nearly $9 billion.

While poor demand for smartphones in China has damaged the profits of Apple and Samsung, Huawei is shining thanks to the P and Mate series.

In the smartphone business, it grew 45% where the Chinese market leads. This business totaled $52 billion, almost half of the total $107 billion.

But not the whole report was positive. The telecommunications equipment business for the first time fell 1.3% due to US pressure to prevent allies from buying 5G technology to the company.

Australia has arranged for this and Britain can join. In the US Huawei faces criminal charges from the theft of American companies' technology to violation of sanctions against Iran.

Huawei denies each of them. Today Huawei Guo Ping's boss said that the company's success brings out the American government with a waste behavior.