Smartphone

Huawei’s revenue jumped to $ 32.2 billion, despite sanctions

Huawei has announced data on the results of the next financial quarter, reporting revenue of $ 32.2 billion. This means an increase of 23% compared with the same period a year earlier. It is reported that in the first half of the year, the company sold 113 million smartphones, showing an increase of 24%.

Consumer business Huawei brought $ 32.1 billion, taking a share of 55% of all sales of the company. According to the representative of Huawei, explosive growth was observed in May. He noted that the companies did not prevent the sanctions imposed by the US authorities. A ban on the purchase of components from American manufacturers was initiated.

According to The Verge, Huawei is private and is not required to publish detailed information on financial indicators. At the same time, the company took the initiative, providing more data than usual this time.

It turned out that Huawei has significantly strengthened its position in the Chinese market, increasing its market share against the background of its overall decline.

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