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| Despite the penalties, Huawei announced 18% sales growth for 2019 |
Huawei said on Tuesday: Due to its blacklist in the U.S., which has limited growth and a breakdown in growth, it could reach 18% of sales in 2019 to reach $ 850 billion ($ 121.72 billion), a decrease as expected. It acquires the ability of the main materials of its product.
In May this year, the United States banned the world's largest supplier of telecommunications devices and the second largest smartphone maker from contacting US companies with the technology needed for their products, including operating systems. Google Android.
According to the United States government, Huawei devices pose a threat to Chinese national security because the Chinese government can use it to monitor users. Huawei has repeatedly denied that its products pose a security threat.
Eric Shaw, the president-elect of Huawei, announced in the news the number of employees and customers for the new year and predicted it would be a "difficult year" by 2020. It is unlikely that this year's business will grow as fast as in the first half of the year.
Huawei estimates that sales will grow by 18% in 2019, which is lower than annual sales growth of 19.5% in 2018. The company did not release fourth-quarter numbers in 2019, but based on previous data, Reuters revenue increased to 239.2 billion yuan ($ 23.28 billion) in the quarter ended December 31, an increase of more than the same period last year. 3.9%, growth slowed by 27% of shares in the third quarter of 2019.
"The external environment is more sophisticated than ever and pressure on the global economy is also increasing," said Xiao. "In the long run, the US government will refrain from developing forward-looking technology that will be from Huawei. Survival and prosperity create a difficult environment," he added.
According to Xu, Huawei shipped 240 million smartphones this year, an increase of 20% compared to 2018. Huawei sold smartphones that were released before the ban. Regarding the new phone (Mate 30) that was put on the market in September last year, the licensed version and Android system updates in addition to Google services and apps cannot be accessed.
In his speech, Xiao said: Huawei will do everything possible to create a platform for Huawei Mobile Services, which will replace Google services, which includes cloud storage, application libraries and other services, and will describe the system as "We sell smart devices the basis of efficiency." "Markets outside China."
Huawei is also developing its own mobile operating system called Harmony, but analysts doubt the idea of the system is a viable option.