Huawei posts 13.1% revenue growth amid pandemic and sanctions

Huawei

Huawei Technologies has reported that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the US and challenges from the coronavirus pandemic.

Revenue rose to 454 billion yuan (£51.8 billion) in January-June compared to 401.3 billion yuan during the same period last year.