In a year in which the United States mounted an unprecedented effort to undermine China’s largest telecommunications company, Huawei made sure it got the last word.
The firm announced Tuesday that its revenue surged 18 percent to more than $120 billion in 2019 despite a ban on U.S. exports to the company starting in May.
“Despite concerted efforts by the U.S. government to keep us down, we’ve made it out the other side and continue to create value for our customers,” Eric Xu, one of Huawei’s three rotating chairmen, said in a statement. “These figures are lower than our initial projections, yet business remains solid and we stand strong in the face of adversity.”
