Huawei ended 2019 with record sales and receipts, and this despite the fact that the USA imposed a series of sanctions against it, with the aim of reducing its ability to be competitive on markets around the world. Although Donald Trump did his best to affect the way the Huawei company operates, in reality he failed to do anything to affect the sales of mobile phones or other own products.
Huawei recorded sales of 240 million phones in 2019, about 17% more than in the same period last year, which represents an unexpectedly good growth for the company. Those from Huawei expected that in 2019 it would surpass Samsung in phone sales, and if the US had not imposed sanctions against it, like other countries, then it would probably have come extremely close to the Koreans in regarding phone sales.
Huawei Ends a 2019 RECORD, Starts 2020 with a GREAT News
Huawei also recorded a record in terms of revenue, reaching 122 billion dollars this year, 17% more than in 2018, which is also a record for it. The increase was lower than last year, and below the company's objectives, but even so, those from Huawei managed to grow in an environment where the company and its products were wanted to be completely banned by a powerful country.
Huawei also starts 2020 with great news, and this is because Donald Trump announced that phase 1 of a trade agreement with China will begin by signing an agreement on January 15 in the USA. The second phase will begin after the signing of a document in China, and thus those from Huawei could finally have a part in the lifting of the sanctions imposed by the USA, but the 5G problem remains, which will not disappear so soon.
Huawei could still have a share in 2020 of what it failed to obtain in 2019, and if Google finally grants it licenses for phones, its biggest problem will finally be solved.
