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Huawei revenue picking up steam after tough period under US restrictions
Huawei Technologies Co. posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year.
The company’s sales rose 7.2% to 191 billion yuan (R465.98 billion) in the December quarter, according to Bloomberg’s calculations off annual figures, after carving out new income streams from areas such as smart cars and cloud services.
[Bloomberg]
Huawei Technologies Co. posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year.
The company’s sales rose 7.2% to 191 billion yuan (R465.98 billion) in the December quarter, according to Bloomberg’s calculations off annual figures, after carving out new income streams from areas such as smart cars and cloud services.
[Bloomberg]
