Huawei’s mobile phone and consumer division continued to outpace its faltering telecoms equipment arm in the first half, helping the Chinese company to grow sales to Rmb454bn ($64.9bn).
Sales growth slowed to just over 13 per cent, compared with 23 per cent in the first half of 2019, but the privately owned Huawei said its profit margin had improved from 8.7 per cent to 9.2 per cent and that all three of its main divisions had shown growth.
The company published its results on the eve of a decision by the UK government on whether to force its telecoms operators to remove Huawei from their networks and drop it as a supplier for 5G, the next generation of mobile internet.
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