Huawei generated 2019 revenue of approximately 850 billion Chinese yuan (US$122 billion), up 18% over 2018, according to a New Year's message from Eric Xu, Rotating Chairman of the company.
For 2020, survival is the top priority of the company, writes Xu, as Huawei remains of the U.S. government's "Entity List" and downward pressure on the global economy has intensified. He expects the US government to "continue to suppress the development of...
