Huawei smartphone sales up 24 percent despite US crackdown

Huawei made 221.6 billion yuan ($32.2 billion) in revenue in the April-June quarter, a 23 percent increase over the previous quarter despite the escalation of the US-China trade war cutting off its business with American companies. Net profit margin was 8.7 percent on 401.3 billion yuan ($58.3 billion) of revenue for the first six months of 2019.
Read more: https://www.theverge.com/2019/7/30/20746693/huawei-earnings-h1-2019-smartphone-sales?source=Snapzu