Huawei’s sales rose by double digits in the
first half of this year despite being blacklisted
by Washington and its chairman, saying U.S.
pressure has “galvanized our people,” expressed
confidence the Chinese tech giant will “enter a
new period of growth.”
Huawei Technologies Ltd., the biggest maker of
network gear for phone companies and the No.
2 smartphone brand, is scrambling to preserve
its business after the Trump administration
blocked access to U.S. components and
technology in May on security grounds.
Sales have suffered “some impact” but Huawei
avoided disruption in shipments to customers,
Liang Hua said at a news conference at its
headquarters in Shenzhen, near Hong Kong.
He said Huawei is reviewing its product lineup
to make sure it can fill orders without U.S.
components if necessary.