BEIJING (AP) — Huawei’s sales grew by double digits in the first half of this year despite being placed on a U.S. security blacklist and its chairman said Tuesday that Washington’s campaign against the Chinese tech giant has “galvanized our people.”
Huawei is scrambling to preserve its business after the Trump administration in May blocked sales of U.S. components and technology needed by the company, the biggest global maker of network gear for phone companies and the No. 2 smartphone brand.
Sales have suffered “some impact” but Huawei has avoided disruption in shipments of smartphones, network gear and other products, Liang Hua said at a news conference. He said Huawei is reviewing its product lineup to ensure it can fill orders without U.S. components if necessary.
“In a way, the U.S. government’s pressure on Huawei has helped us understand our objectives better,” Liang said. “It has improved collaboration across different departments and it has galvanized our people and reinvigorated the company.”
Sales in the six months through June rose 23.2% over a year earlier to 401.3 billion yuan ($58.3 billion), according to Liang. That was up from 2018’s full-year growth of 19.5%, but Liang warned Huawei will “face difficulties ahead” in the second half.
Liang said he couldn’t give an exact number for possible sales growth in the rest of this year.