But Huawei said Wednesday that its sales between January and September were $86 billion, an increase of nearly 25% compared with the same period last year. That implies, based on comparisons with previously released figures, that sales accelerated in the July-to-September quarter. But US officials have long been concerned that the company’s products could be used in intelligence-gathering by the Chinese government, an accusation that Huawei has repeatedly denied. The blacklist has not yet amounted to an airtight ban on US technology sales to Huawei. For the past few months, the Trump administration has deliberately permitted sales to Huawei that are used to maintain existing mobile networks.

Source: bd News24 October 16, 2019 19:51 UTC