What controversy? Huawei is making billions

Shenzhen [China]: Huawei may seem like a troubled company on the outside but have a look at its latest financial results and it is anything but thriving.

China-based telecom equipment manufacturer posted USD 107.4 billion in revenue in 2018, a 19.5 percent growth as compared to the previous year.

As Mashable reports, for the first time, Huawei surpassed the USD 100 billion yearly revenue mark. Net profit recorded at USD 8.8 billion, a 25.1 per cent year-on-year increase.

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