23-04-2019 19:41 via telecoms.com

Huawei increased revenues by 39% in Q1

Chinese telecoms kit giant Huawei defied its critics by raking in loads more cash in the first quarter of this year.
In Q1 2019 Huawei brought in CNY179.7 billion in revenue, up 39% year-on-year. It also trousered 8% of that in profit, which was apparently a slightly better margin than last year. As has been extensively documented Huawei isn’t a public company so it technically doesn’t have to say anything publicly about its business, but is serves a few nuggets up compliance with th
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