Tuesday, December 18, 2018

Reuters: Huawei expects revenue to top US$100 billion, up 8.7%

Huawei executives said the company is on track to exceed US$100 billion in revenue this year, up 8.7%, according to Reuters.

Ken Hu, the rotating CEO of Huawei, told Reuters that the company has secured 25 commercial contracts for 5G so far, up from 22 announced in November.