To spite the USA: Huawei broke a profit record, earning $122 billion and selling 240 million smartphones

Huawei has summed up the results of 2019, and, despite the sanctions, is pleased with the results, but is looking at 2020 with caution.

What is known

Huawei Chairman Eric Xu sent outletters to company employees, in which he spoke about the company’s achievements. According to the document, in 2019 the company earned $122 billion, which is 18% more than last year. It appears that US sanctions imposed on 5G deployment equipment and smartphones have not harmed Huawei.

The fact is that the equipment for 5G was launchedto Europe, after numerous checks. In addition, total sales of Huawei smartphones reached 240 million units, while in 2018 the company sold 206 million smartphones.

Still, Huawei is in no hurry to open the champagneand is preparing for 2020. Despite the growing figures, the company's analysts expected more. Therefore, in 2020, the main goal of the Chinese will be survival.

“These numbers are lower than our initial projections, but business remains strong and we remain strong in the face of adversity,” Eric wrote.

Huawei really isn't giving up.In December, the company launched beta testing of Huawei Mobile Services, which will include apps to replace Google Mobile Services. The search engine company stopped collaborating with Huawei, so the Chinese decided to make their own Google Play with maps and an email client. The company already has about 45 thousand applications, but Google with its 3 million is still far away.

</ p>
  • Samsung is bringing its first completely frameless TV to CES 2020
  • Samsung will abandon the Galaxy S20e and release the most expensive flagship Galaxy S20 Ultra
  • Xiaomi Mi 10 and Mi 10 Pro declassified: characteristics and prices of the flagships are known