Huawei sees first-half earnings surge on smartphone renaissance

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Chinese Yuan,Smartphone Sales

Chinese tech giant Huawei reported hefty jumps in first-half revenue and net profit on Thursday, with smartphone sales robust and its smart car components...

Chinese tech giant Huawei reported hefty jumps in first-half revenue and net profit on Thursday, with smartphone sales robust and its smart car components business also doing well despite U.S. sanctions. Net profit for January to June climbed 18% to 54.9 billion yuan on a 34.3% rise in revenue to 417.5 billion yuan.

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