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Huawei’s Revenue Hits Record $122B in 2019 Despite U.S. Campaign

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Re: Huawei’s Revenue Hits Record $122B in 2019 Despite U.S. Campaign

#4
52% of their business in 2018 came directly from China. I suspect China also supported them with additional spending in 2019 (for this headline).

11% of their business came from other south pacific countries (which they have a large stake in)

6% from the Americas.

30% of their revenue came from Europe-Africa-Middle East, which is the real "battle ground" for them.

https://www.huawei.com/us/press-events/annual-report/2018

Re: Huawei’s Revenue Hits Record $122B in 2019 Despite U.S. Campaign

#5

That's pretty amazing, I feel like sanctioning as a tool will fall apart pretty soon and this is a validation of that

Sanctions are a means to enforce either one nation's will--or the standards of the global community--without resorting to open war.

Let us hope sanctions don't fall apart as a tool, lest we end up with a much less pleasant tool: war.

Re: Huawei’s Revenue Hits Record $122B in 2019 Despite U.S. Campaign

#6
I live in a Chinese dominated country. I can tell you this is because of the absurd nationalistic view that the Chinese hold. For example, I know atleast 5 co-workers who sold their iPhones to get a Huawei when the sanction was made. Part of the reason was Huawei phones' prices (even new ones) drastically dropped when the announcement of no more Android support was made, so these guys (and girls) got it at a super good price, but most of it is due to the nationalistic view that they hold towards China. "US is evil, I should support China at such times!" this was the explanation I was given. I was blown away that people could be so nationalistic. I'm neither Chinese nor American, so it was interesting to observe from a neutral standpoint, such nationalistic attitude from people who held double degrees / PhDs who simply believed US is evil and China is the victim. This was very noticeable when Huawei's CFO was arrested. I tried to understand why, so I threw many arguments at them such as Huawei was actually caught sending data back to 3rd party servers in China and I even tried explaining maybe the sanction is on them because they broke the law/agreement w/ the US. But it didn't seem to change anything about the way they thought. They still went ahead and purchased Huawei products like crazy.

Re: Huawei’s Revenue Hits Record $122B in 2019 Despite U.S. Campaign

#9
post #6

I live in a Chinese dominated country. I can tell you this is because of the absurd nationalistic view that the Chinese hold. For example, I know atleast 5 co-workers who sold their iPhones to get a Huawei when the sanction was made. Part of the reason was Huawei phones' prices (even new ones) drastically dropped when the announcement of no more Android support was made, so these guys (and girls) got it at a super go…

I live in India and not a big fan of China but I purchased a Huawei phone recently. I think Huwei benefited from the publicity they got through US campaign against them.

Re: Huawei’s Revenue Hits Record $122B in 2019 Despite U.S. Campaign

#10

52% of their business in 2018 came directly from China. I suspect China also supported them with additional spending in 2019 (for this headline). 11% of their business came from other south pacific countries (which they have a large stake in) 6% from the Americas. 30% of their revenue came from Europe-Africa-Middle East, which is the real "battle ground" for them. https://www.huawei.com/us/press-events/annual-report/…

52% domestic, the rest heavily subsidized exports (essentially CCP giving out networking infra for free around the world).

Rate of growth slower than expected, according the the article.

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