/ / / Despite U.S. warnings to allies, Huawei expects revenue to rise 21% this year to over $100 biillion

Despite U.S. warnings to allies, Huawei expects revenue to rise 21% this year to over $100 biillion

Huawei has already announced that it has exceeded its target and shipped more than 200 million handsets in 2018. But how does this achievement translate into top line growth for the beleaguered Chinese manufacturer? According to Reuters, Huawei's rotating chairman, currently Guo Ping, says that the company's revenue will hit $109 billion this year. That is a 21% hike from last year and is the highest growth rate for the firm in two years. This year also marks the first time that Huawei has surpassed $100 billion in revenue.

The high growth is occurring despite ...

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