Huawei Technologies Co Ltd, the Chinese technology giant blacklisted by the U.S....
FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo
SHENZHEN - Huawei Technologies Co Ltd, the Chinese technology giant blacklisted by the U.S. government, said revenue grew 24.4% in the first three quarters of 2019 to 610.8 billion yuan . It shipped more than 185 million smartphones in the same period, up 26% year-on-year, a company statement said. It did not provide figures for the third quarter alone.
The company said in August that while the impact of U.S. trade restrictions will be less than initially feared, the curbs could push its smartphone unit’s revenue lower by about $10 billion this year. Huawei is the world’s biggest maker of telecom network equipment and the second-largest smartphone maker.Reporting by David Kirton in Shenzhen and Brenda Goh in Shanghai; Editing by Edwina Gibbs
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