Huawei half-year revenue climbs to $48 billion
Recent security concerns over @Huawei have yet to impact its bottom line, with the Chinese tech giant’s revenue growing by 15 percent to 325.7 billion yuan ($47.8 billion) over the first half of 2018.
While Huawei has yet to reveal the full numbers for the six-month period, it also reported 14 percent growth in its operating margin, saying it anticipates a strong full-year 2018 result.
Across its carrier business, Huawei said it is focused on 5G along with 4G LTE Advanced solutions, along with its intent-driven networks, cloud, datacentre, and Internet of Things (IoT) offerings.
“Ultimately, the shared goal is to help carriers future-proof their businesses by enabling all-cloud networks, connecting more people and things, and building out network infrastructure,” Huawei explained.