Huawei's Revenue Rises 23.2% to US $58B in H1 Amid US Curbs

July 30, 2019

Huawei Technologies Co said on Tuesday that it posted 401.3 billion yuan (US$58.3 billion) in revenue in the first half of 2019, marking a 23.2 percent year-on-year jump, despite all the restrictions it faces from the United States government.

That marks a slowdown in comparison to the 39 percent year-on-year growth in revenue in the first quarter of 2019. But it is still up from the 15 percent growth of the same period in 2018.

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