Its estimate of 18% revenue growth in 2019 is less than 2018 when annual revenue rose by 19.5%.
SHANGHAI – Huawei Technologies on Tuesday said its full-year revenue would likely jump 18% in 2019 to 850 billion yuan , lower than its earlier projections, as a U.S. trade blacklisting curbed growth and disrupted its ability to source key parts.
Huawei’s Rotating Chairman Eric Xu revealed the numbers in a New Year’s message to employees and customers in which he also forecasted 2020 to be a “difficult year’, saying that the firm was unlikely to grow as rapidly as it did in the first half of this year. “The external environment is becoming more complicated than ever, and downward pressure on the global economy has intensified,” he said.
The newest Mate 30 smartphone first went on sale in September but it cannot access a licensed version of Google’s Android operating system because of the trade curbs.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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