The business is doing pretty well for Huawei, which has just released its financial results for the year 2018. The New York Times tells us that Huawei has achieved more than $ 105 billion in sales, almost 20% more than in 2017 (+ $ 8 billion). Reuters points out that Huawei has been maintaining very strong results for the past two years after a year in 2016, when sales rose only 0.4%.
Huawei Announces Over $ 105 Billion in Revenue
These results mark the stronger growth of the firm's results over the last two years, despite a climate of mistrust - amidst US sanctions against Huawei and, more broadly, a trade war against China. To make matters worse, the Trump administration is putting pressure on its allies so that they also prohibit the equipment of the manufacturer, especially to develop 5G networks.
Yet, the company is able to strengthen its market share and progress wherever the company's products are available - Huawei now aims to achieve a turnover of 125 billion in 2019. In the wake of the announcement of The company's vice president, Guo Ping, quoted by the New York Times, said "we will do everything we can to get rid of external distractions, improve management and move towards our strategic goals."
He admits that the American sanctions have caused "a certain amount of problems", but immediately adds that consumers will judge the company according to their own interests and not according to what Washington thinks. And to launch: "we Chinese would say that they neglect their manners at table ... I pity for his so-called gentlemen". Each year, the Chinese group - which does not sell shares - publishes detailed financial results. A gesture of openness. But probably also a bit of a communication weapon.
