Huawei's smartphone sales and 5G business stay strong despite US hostility



Hong Kong (CNN Business)Huawei says business is still booming despite the US campaign against the Chinese tech company. The Shenzhen-based company reported Wednesday that it generated 610.8 billion yuan ($86 billion) in revenue during the first nine months of 2019, a 24% increase over the same period last year. The private company did not disclose detailed earnings, but it did say that its net profit margin was 8.7%. The results are promising news for a company...

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