HUAWEI SAYS SALES UP 23% DESPITE US CONTROLS
Huawei’s sales rose by double digits in the first half of this year despite being blacklisted by Washington and its chairman, saying U.S. pressure has “galvanized our people,” expressed confidence the Chinese tech giant will “enter a new period of growth.”
Huawei Technologies Ltd., the biggest maker of network gear for phone companies and the No. 2 smartphone brand, is scrambling to preserve its business after the Trump administration blocked access to U.S. components and technology in May on security grounds.
