Huawei is in the news for all the wrong reasons these days, for everything from the arrest of its CFO to US-led opposition to its devices over national security-related fears. Yet despite all that, even with Western governments increasingly banning the company’s devices over Huawei’s perceived ties to China’s central government, the China-based tech giant still managed to post record numbers in 2018, the company announced today — a record driven in large part by its smartphone division that, at least in 2018, was still seeing explosive growth.
Of course, going forward is a different matter. Thanks to the effects of the ongoing US-China trade tensions, and a slowing economy in China, it seems as though the future is going to be less rosy for the company, which made news in recent days for its founder speculating that “mediocre” employees are going to get the ax in light of the challenges ahead.
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Huawei touts that it still sold a ton of phones last year, despite US-led opposition originally appeared on BGR.com on Thu, 24 Jan 2019 at 23:07:05 EDT. Please see our terms for use of feeds.
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