Huawei Shows Resilience in the Face of U.S. Blacklisting

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Huawei Shows Resilience in the Face of U.S. Blacklisting
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Huawei Technologies said its first-half revenue rose 23.2% from a year earlier

SHENZHEN, China—Huawei Technologies Co. said its first-half revenue rose 23.2% from a year earlier, as the technology giant appeared to shrug off the impact of a U.S. supplier blacklisting.

The company said revenue rose to 401.3 billion yuan —with steady growth at its consumer business which includes smartphones—and its profit margin was 8.7% The closely held company self selects the numbers that it makes public.

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