Huawei posts strong annual report but warns of challenges ahead
Huawei held a virtual press conference to launch its latest annual report amid the coronavirus pandemic.
The past year was always going to be a difficult one for Huawei due to the US applying sanctions and increasing pressure globally to ban the vendor’s equipment. A pandemic that’s led to broader market disruption has only amplified those struggles.
"2019 was an extraordinary year for Huawei," said Eric Xu, Huawei's Rotating Chairman. "Despite enormous outside pressure,...