Huawei 2018 Financial Results
For 2018, Huawei announced that revenues passed $100 billion and earnings up by 25%. The Chinese vendor today announced a net profit of 59.3 billion yuan ($8.66 billion), up 25% on 2017 figures, and hailed revenue growth of 19.5%, to RMB721.2 billion ($105.2 billion). Huawei’s battle with the US is having an impact. Operating cash […]