Chinese vendor Huawei generated revenues of CNY456.6 billion ($62.5 billion) in the first three quarters of the year, climbing 2.4% year-on-year.
“The company’s performance is in line with forecast,” said Ken Hu, Huawei’s rotating chairman. “Moving forward, we will continue to increase our investment in R&D to make the most of our business portfolio and take the competitiveness of our products and services to new heights. As always, our goal is to create greater value for our customers, partners, and society.”
The vendor highlighted that its consumer business achieved revenue growth during the period, without providing specific figures. It added that its digital power and cloud businesses both experienced strong growth during the January to September period.
