ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Huawei crackdown

Huawei posts bullish earnings but tamps down enthusiasm

Tech giant defiant as specter of Android cutoff looms over second half

  © Reuters

SHENZHEN/TAIPEI -- Huawei Technologies warned Tuesday of "challenges ahead" due to the U.S. crackdown on exports to China's biggest tech company, despite posting a strong first half with revenues jumping 23%.

The world's second-largest smartphone maker, which was blacklisted by Washington in May and restricted from trading with vital U.S. suppliers, said the action would hit its overseas consumer electronics business in the second half.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more