US BAN ON HUAWEI WILL NOT IMPACT REVENUES: ANALYST

摘要

The US put China’s Huawei Technologies Co. on a blacklist in May last year, but according toGlobalData in spite of the ban on US exports starting in May, the company reported 18%jump in revenues to more than US$120 billion in 2019.“Reportedly, Huawei generated 52% of its global revenue from its domestic market China in2018. The Europe, the Middle East & Africa (EMEA) region accounted for 29% of revenue inthe same year, as per its 2018 annual report,” notes GlobalData.