Huawei urges US to drop 'loser's attitude' as carrier business revenue slips | IOL Business Report

INTERNATIONAL - China’s Huawei Technologies called on Washington to drop the “loser’s attitude” and once again rubbished US allegations its gear could be used by Beijing for spying, as its network business weakened amid mounting global scrutiny.

Huawei’s outlook has come under a cloud over the past year with the United States voicing concerns that its equipment could be used for espionage. Washington has also urged its allies to ban Huawei from building next-generation 5G mobile networks. However, the surge in its consumer business sales to a record 348.9 billion yuan, driven by demand for its premium smartphone models such as the P series and Mate series, helped push global revenue to above $100 billion for the first time.

Guo said he expects all three business groups - consumer, carrier and enterprise - to post double-digit growth this year, although he did not provide a specific number.

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