Huawei’s Revenue Growth Rebounds Despite ‘Storm-Tossed’ 2018

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Huawei’s Revenue Growth Rebounds Despite ‘Storm-Tossed’ 2018China’s largest technology company by sales is estimating $108.5 billion of revenue for 2018, a year in which it shipped more than 200 million phones to overtake Apple Inc. in global market rankings. Rotating Chairman Guo Ping struck a confident tone in a year-end letter posted Thursday, vowing to re-double the company’s efforts to take its place at the forefront of the fifth-generation wireless revolution. Elsewhere, major customers from Orange SA to Deutsche Telekom AG and BT Group Plc have voiced concerns about Huawei’s gear, on top of existing bans in Australia, New Zealand and the U.S.


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