Huawei Technologies Co LTD said on July 13 that in the first half of 2020, its sales revenue reached 454 billion yuan, up 13.1 percent year on year, and its net profit margin reached 9.2 percent, despite U.S. government restrictions and challenges posed by the COVID-19 epidemic. Among them, the revenue of operator business was 159.6 billion yuan, that of enterprise business was 36.3 billion yuan and that of consumer business was 255.8 billion yuan.
Huawei revenue surges 13.1%
Huawei said in a statement that as countries around the globe are grappling with the COVID-19 pandemic, information and communications technologies have become not only a crucial tool for combating the virus, but also an engine for economic recovery.
Huawei reiterated its commitment to working with carriers and industry partners to maintain stable network operations, accelerate digital transformation, and support efforts to contain local outbreaks and reopen local economies.