The Chinese Technology Company Huawei Realized A Quarter More Turnover

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The Chinese technology company Huawei realised a quarter more turnover in the third quarter than in the same period last year. The company owes this, among other things, to the increased investments for 5G networks in the world.

 

Huawei’s sales amounted to just under 611 billion Chinese yuan. It is approximately 78 billion euros.

Huawei is under fire because of its ties with the Chinese government. The company is, therefore blacklisted in the United States. Other countries have also investigated whether Huawei can deliver equipment for the 5G infrastructure.

Germany refused to exclude the Chinese company in advance earlier this week but did impose strict rules for the security of the mobile network.

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