Huawei Reports Bumper 2018 Sales Despite Setbacks in the West - News Summed Up

Huawei Reports Bumper 2018 Sales Despite Setbacks in the West


Chinese technology giant Huawei Technologies Co. said it expects 21% revenue growth for 2018 despite having spent much of the year fighting cybersecurity challenges by the U.S. and its allies. In a new-year message titled “Fire is the Test of Gold,” rotating chairman Guo Ping said the company expects its sales to reach $108.5 billion this year, fueled by the shipment of 10,000 5G base stations and 200 million smartphones.


Source: Wall Street Journal December 27, 2018 12:55 UTC



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