Huawei revenue soars despite US allegations and restrictions
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Huawei’s business grew strongly in the first quarter with revenues rising 39% year on year to $26.76 billion, mainly fueled by a focus on ICT infrastructure and smart devices as well as boosting the efficiency and quality of its operations. The firm shipped 59 million smartphones in the quarter and added revenue of $26.8 billion. Based on these results, not being able to sell devices in the US hasn't really affected Huawei.