Topics Huawei | United States | Huawei ban
Huawei Technologies Co Ltd, the telecoms firm and No.2 smartphone maker, on Monday reported a 13.1% rise in revenue in the first half of the year, showing slower growth as US officials continue to pressure the company's suppliers and customers.
Revenue rose 13.1% to 454 billion yuan ($64.90 billion) in the first half of the year, compared to 401.
3 billion yuan the year before. However, the company's growth rate was down from 23.2% in the first half 2019. Huawei said net profit margins were 9.2%, up from 8.7% in the first.
This article is no longer available in our repository.
There could be multiple reasons for this.
You could try searching for this headline on the source website (bloomberg.com).