Huawei sales up, but growth slows under virus, US pressure

Huawei sales up, but growth slows under virus, US pressure

4 years ago
Anonymous $RGO3jP_V_c

https://apnews.com/31d1dc5d4d5cc6a9d76a7e2338b5a5d0

BEIJING (AP) — Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said Friday its revenue rose 9.9% in the first nine months of this year, but growth decelerated in the face of U.S. sanctions and the coronavirus pandemic.

Huawei Technologies Ltd., gave no sales figure for the most recent quarter ending in September, but growth for the first three quarters was down from the 13.1% reported for the first half of the year.

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