Huawei's revenue grew 23% in the first half of the year.
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Huawei, China, on Tuesday announced a 23.2% year-on-year increase in revenue in the first half of the year, higher than a year ago. Despite strong U.S. pressure on Huawei, Huawei was eventually blacklisted in mid-May.
Huawei said revenue rose to 401.3 billion yuan ($58.28 billion) in the first half of this year, and smartphone shipments increased by 24% to 118 million units. Huawei's revenue was 325.7 billion yuan in the same period last year.
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