Huawei’s sales increased 23 per cent in the first half of the year even after it was blocked from buying components from US suppliers.
The Chinese telecoms company said strong domestic sales had seen a 24 per cent rise in smartphone revenues for the period, and it insisted it was well placed to weather the damage of the US ban on its telecoms equipment sales.
Washington blacklisted Huawei in May, after several months of warning allies that they should not use the company’s equipment for their next generation 5G mobile networks.
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