As reported by android authority, Huawei’s revenue increases to 13% over the year in the first half of 2020. The company has declared revenue of $64.9 billion US dollars in 2020 in the first half. This increase has come in the time when Huawei was in a battle with COVID-19 crises and the US trade ban.
The reason may be that other phone manufacturers are hit even harder from the pandemic. Huawei also has the advantage of the huge local market and thus can mobilize its growth. China being the origin of the virus, is now in a far better position than other countries. This will ultimately help the Chinese phone manufactures.