The first half of 2020 is already behind our backs and companies have started issuing their financial reports for the past auditing periods. Huawei has reported in a press release that both the revenue and the net profit increased on a yearly basis, respectively 13.1% and 9.2%. The numbers say the revenue was CNY454 billion, which is slightly over $64 billion in today’s exchange rates. The carrier business achieved CNY159.6 billion, the enterprise division scored CNY36.3 billion, and the consumer business which includes the mobile devices reached CNY255.8 billion in...
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