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Huawei's revenue growth in the first half of the year is about 30%. The supply of core components is still stable.

via:快科技     time:2019/7/23 21:00:40     readed:207

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Huawei Mall

Analysts say the next question is how long Huawei's growth momentum can last. According to people familiar with the matter, Huawei is currently working hard to promote sales, arranging up to 10,000 developers every day to work in three shifts to develop alternative software and circuitry. By actively pursuing 5G network equipment contracts, Huawei successfully increased revenue.

Informed sources also said that at the same time, Huawei is also boosting internal morale and distributing bonuses to employees who help them avoid the current crisis. The winners were mostly those responsible for hoarding parts and employees who negotiated with suppliers to maintain material liquidity.

Huawei founder Ren Zhengfei said last month that the company's revenue will be reduced by about $30 billion in the next two years. According to people familiar with the matter, Huawei is adjusting the business most affected by the sanctions, redistributing employees in the operators and corporate sectors to the faster-growing consumer sector.

Of course, the 30% revenue increase in the first half of the year is still a preliminary figure. The representative of Huawei said that the first half of the year will be officially announced on July 30.

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