Huawei could still be treading on the unstable ground outside of its comfort zone, but in the first six months this year, this has not prevented the Chinese phone manufacturer from shipping out 185 million smartphone devices.
That represents an increase of 27 percent year-on-year, the company disclosed late Tuesday. The heavyweight electronics has generated revenue of $86 billion, a 24.4 million year-over-year rise, even after forecasting a $10 billion drop in revenues for its telecommunications business during the summer.
However, Huawei has inked more than 60 commercial contracts to provide 5G networking hardware to big-name operators around the world, such as Malaysian telecom Maxis.
Earlier this year, Huawei Chief executive officer Ren Zhengfei, citing the latest US blacklisting, trimmed down the overall projections of the company's revenue from $130 billion to $100 billion this fiscal year.
Around five months ago, Huawei was blacklisted by the US Commerce Department after President Donald Trump's executive order effectively prohibiting it from being listed in the US communications trade.
It allowed American companies to obtain a license to do business with the Chinese telecom company, because of its collaborations with the Chinese government, which is the object of national security concerns.
The prohibition had an effect on the latest flagship phones from Huawei- for instance, the Mate 30 smartphones were delivered to Google's Android without full support.
Then, they use open-source Ios, implying they don't have Google services (such as the Play Store) and applications (such as Chrome and Maps).
Since a fix has obviously been removed, now, Mate 30 holders must use Huawei alternatives, which might affect their phone sales in the future.
Huawei stole Apple's place as the world's No. 2 smartphone retailer back in 2018, however, earlier this year hopes were lowered that it would surpass Samsung to become the world's largest vendor in 2019.
From the January-September period, the Chinese tech market's most influential firm noted sales of almost 611 billion yuan.
Mobile device orders likewise expanded to 26 percent to over 186 million units in the first three months alone, thus making Huawei as the second-largest manufacturer of mobile devices in the world.
In other developments, Germany said it is not trying to exclude Chinese tech giant Huawei from its 5G mobile networks, claiming that it needs to create a level playing field for vendors.
The US barred Huawei from supplying 5 G hardware to its telecommunications companies, claiming it had back doors that would require Chinese surveillance.
And this summer, the United Kingdom has made a vote on whether to remove the equipment manufacturer from its 5G launch.
Huawei said it has accepted the "fact-based approach and requirements" of Germany.
