Huawei revenues to rise 21% this year to USD 109 bln

Nieuws Mobiel Wereld 27 DEC 2018
Huawei revenues to rise 21% this year to USD 109 bln

Huawei rotating chairman Guo Ping expects the company's revenues to grow 21 percent to USD 109 billion this year. The chairman made the statement as part of the company’s new year’s address to employees. Smartphone shipments are forecast to pass 200 million units.

The revenue increase would be the strongest in two years, despite the company coming under scrutiny for the security of its systems. 

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