Huawei has announced that it recorded double digit growth in sale of smartphones and other products in 2019.
The value of sales in 2019 stood at $123 billion, growing by 19.1 per cent year on year (YoY) over 2018. This is in line with the 19.5 per cent growth the company recorded in 2018.
Meanwhile, Huawei’s profit stood at $9 billion during 2019, recording a 5.6 per cent YoY growth. This, however, was lower than 2018’s 25 per cent growth.
Further, Huawei’s handset sales in 2019 increased by 15 per cent to 240 million.