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Huawei says ‘survival’ is its ‘first priority’ for 2020 amid mounting pressure from Washington ...News
Chinese telecommunications giant Huawei announced it has been hit hard by US sanctions, but managed to continue its global rise and is seeking an alternative to Google Media Services following the ban. Company chairman Eric Xu said that sales revenue for 2019 was predicted to reach $121 billion (850 billion yuan). It is an 18-percent increase from the previous year, but was still lower than initially expected. He attributed the setback to the US government’s “long-term” campaign against the tech giant. “These figures are lower than our initial projections, yet business remains solid and we stand strong in the face of adversity,” Xu sai
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