Richard Yu Chengdong, head of Huawei Technologies’ consumer business, presents the P30 series smartphone during a launch event in Paris in March. Photo: Bloomberg

Huawei founder Ren Zhengfei warns against complacency as annual sales cross US$100 billion, says rivals could catch up in two years if it does not stay sharp

  • Last week, privately-owned Huawei reported a 19.5 per cent jump in annual revenue to US$107 billion
Topic |   Huawei

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Richard Yu Chengdong, head of Huawei Technologies’ consumer business, presents the P30 series smartphone during a launch event in Paris in March. Photo: Bloomberg
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