Huawei results unexpectedly strong, but clouds are on the horizon

Despite an extremely tough six months that have seen the electronics giant caught in the crossfire of the US-China trade war, the second quarter Huawei results have been extremely positive. The company today reported revenue growth of 23.2% in the first half of 2019, up from 324.7bn yuan (£38.7bn) to 401.3bn yuan (£47.9bn). This represents … Continue reading Huawei results unexpectedly strong, but clouds are on the horizon