Huawei¡¯s 2019 Revenue to Top 850 Billion RMB, 18% Increase YoY

“2019 was an extraordinary year for Huawei. We overcame difficulties by meeting head-on with the suppression from the United States government,” Huawei's Rotating Chairman Eric Xu said in his New Year's speech today, “We focused on creating value for our customers. We estimate that sales revenue will top 850 billion Chinese yuan in 2019, an 18% increase over the previous year, these figures are lower than our initial projections, yet business remains solid and we stand strong in the face of adversity,”