Huawei Hits Record $122 Billion in Revenue in 2019

Dec. 31, 2019



Even as Huawei faces constant pressure from the US government, which is going around asking its allies to forego relations with Huawei, and not use Huawei technologies in their communications systems, the Chinese giant has scored 5G contracts from countries like Russia and China, and was recently reported to have been allowed to supply non-core equipment to Britain as well. Moreover, the company has beenallowed to supply 5G equipment to India, as announced by telecom minister Ravi Shankar Prasad yesterday.