Updated December 31st, 2019 at 10:25 IST
Huawei says sales rose 18% in 2019 despite US pressure
Chinese telecom giant Huawei Technologies said Tuesday that its sales rose about 18% in 2019 despite U.S. pressure to restrict its business.
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Chinese telecom giant Huawei Technologies said Tuesday that its sales rose about 18% in 2019 despite U.S. pressure to restrict its business. The estimate came in an annual New Year's message to employees from chairman Eric Xu. The letter predicted a difficult year in 2020, saying that the American pressure creates a challenging environment for Huawei to survive and thrive.
The U.S. government says Huawei technology poses a security risk and has urged other countries not to buy its 5G mobile network equipment. Huawei denies the allegations.
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Published December 31st, 2019 at 10:25 IST