The first half of 2019 was not good for the Chinese telecommunication giant Huawei, the company faced a ban by the United States Government and that resulted in a total blackout from the tech world. As the tech companies stopped working with the Chinese brand. However, even it was going through the tough days, today the company reports double-digit revenue gain in H1 of 2019.
According to the report, Huawei gained 30% increase revenue in the first half of this year. Having said that, the profit stood at 39% for the first quarter but then things changed to a different direction in the past couple of months. 5G acceleration deployment is one of the areas which helped the company to maintain growth with 50 commercial contracts.
That said, the company has now solved the issues with the United State government and the ban lifted, which means now everything is like before and the company can continue its business without any restrictions or problem and this suggests that the company can easily take its growth to a higher level and the can reach the number one sport globally.