Huawei Defies Global Troubles With Accelerating Sales Growth
- Revenue for first two months of 2019 surged 36%, founder says
- China’s biggest telecom gear maker aims for 5G for sales boom
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Huawei Technologies Co. has withstood criminal charges and international scrutiny to post rising growth in the first two months of the year.
Revenue climbed 36 percent in January and February compared with the year earlier, founder Ren Zhengfei said in a speech to a group of Russian scientists that the company confirmed. The pace is an acceleration from its 2018 sales increase of 21 percent and its projection for growth this year of about 15 percent.