Huawei’s revenues continue strong growth despite US shut-out
Huawei Technologies posted revenues of CNY 610.8 billion ($86 billion) in the first three-quarters of the year, climbing 24.4% year-on-year, despite a trade ban imposed by the U.S. government earlier this year. The company’s net profit margin in this period was 8.7%, Huawei said in its earnings statement, adding: “Huawei has maintained its focus on ICT infrastructure