2018 was a turbulent year for Huawei in the U.S., but it looks like its troubles haven't had any impact on the company's bottom line. In spite of political headwinds in Western markets, Huawei posted revenues of $107 billion (721.2 billion yuan) for the year, surpassing the $100 billion mark for the first time. Overall revenue was up 19.5% from 2017, and Huawei also managed to net a profit of $8.8 billion (59.3 billion yuan), an increase of 25%.
The driving force for the uptick is the consumer business, where Huawei recorded a massive $52 billion (348.9 billion yuan) in revenue for the year. This is also the first time the consumer business accounted for a majority of the revenue, with year-on-year numbers increasing by a massive 45.1%. Huawei ended up selling over 200 million phones last year, and if early pre-order figues of the P30 series are any indication, that momentum is set to continue this year.
Sales from its network equipment division accounted for a decent chunk of the revenue, with the unit bringing in $43.9 billion (294 billion yuan). That number was slightly less than the $44.4 billion the unit posted in 2017, but that was to be expected considering the backlash Huawei is facing in this space from the U.S., Australia, New Zealand, and the UK.
Huawei is set to continue its double-digit growth this year, with revenue for January and February seeing a YoY increase of 30%. But with 5G on the horizon and the manufacturer getting locked out of key markets, it'll be interesting to see if it can sustain its growth figures.

Win an iPhone, iPad and Apple Watch with the Reader's Choice giveaway!
What's the best phone of 2019? Is it the iPhone 11 Pro, Pixel 4 or OnePlus 7T? What about the best laptop, games console, tablet and more? Vote NOW in the Reader's Choice awards and win BIG in time for the holidays!

Here are the best products from IFA 2019!
Here are the products announced at IFA 2019 that were worthy of our Best of IFA 2019 awards. Also featuring MrMobile's single best product at the show!

Pixel 4 hands-on videos reveal all, including new 'Screen attention' mode
The Pixel 4 leaks continue to be fierce. Most recently, three hands-on videos showcasing the Pixel 4 in all of its glory have been uploaded to YouTube.

Find the perfect fit with these jeans
Stay comfortable no matter what the day has planned for you in these excellent jeans.