People wearing face masks are seen at a Huawei shop on a street in Shanghai as China is hit by an outbreak of the novel coronavirus. Photo: Reuteres/Aly Song People wearing face masks are seen at a Huawei shop on a street in Shanghai as China is hit by an outbreak of the novel coronavirus. Photo: Reuteres/Aly Song
People wearing face masks are seen at a Huawei shop on a street in Shanghai as China is hit by an outbreak of the novel coronavirus. Photo: Reuteres/Aly Song

Huawei sees ‘complicated’ year ahead despite posting record group sales of US$121 billion on strong domestic sales of smartphones

  • Net profit increased 5.7 per cent to 62.7 billion yuan for the year while the company said it invested 15.3 per cent of revenue in R&D
  • Huawei’s annual revenue growth last year was slightly lower than the 19.5 per cent recorded in 2018

Topic |   Huawei
People wearing face masks are seen at a Huawei shop on a street in Shanghai as China is hit by an outbreak of the novel coronavirus. Photo: Reuteres/Aly Song People wearing face masks are seen at a Huawei shop on a street in Shanghai as China is hit by an outbreak of the novel coronavirus. Photo: Reuteres/Aly Song
People wearing face masks are seen at a Huawei shop on a street in Shanghai as China is hit by an outbreak of the novel coronavirus. Photo: Reuteres/Aly Song
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