Huawei posts bullish earnings but tamps down enthusiasm

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

20190730 HUAWEI TECH-CHILE/

© Reuters

CHENG TING-FANG and LAULY LI, Nikkei staff writers

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.

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