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International Business Times
International Business Times
Business
AFP News

Chinese Tech Giant Huawei Posts 34.3% Rise In First-half Sales

Chinese tech giant Huawei has for several years been at the centre of an intense technological rivalry between Beijing and Washington (Credit: AFP)

Chinese tech giant Huawei said Thursday that sales surged in the first half of the year, even as it struggles under the weight of sanctions that have deprived it of technology from the United States.

The Shenzhen-based company has for several years been at the center of an intense technological rivalry between Beijing and Washington, with US officials warning its equipment could be used to spy on behalf of Chinese authorities -- allegations it denies.

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