Huawei posts H1 financial results, revenues up 23% YoY

Despite the ongoing U.S. ban, Huawei seems to be doing quite well as evident by its 2019 first-half financial results. Earlier today, the company capped off its H1 earning presentation which showcased the Chinese tech giant is still growing with aggregate revenues up 23% year over year. Combined H1 revenues from the consumer, carrier and enterprise sectors topped CNY 401.3 billion which equates to $58.3 million. Huawei's Chairman Liang Hua commented that the company is as strong as its ever been and credits that to the excellent management and perseverance despite the political...