Huaweis sales have grown for the first time since the US sanctions

China Telecom Equipment Giant Huawei has recorded the first quarter sales growth since the end of 2020.

According to Bloomberg, Bloomberg calculated based on Huawei's revenue of 301.6 billion yuan (RMB, Same as Same, Same as S $ 61.337 billion) in the first half of the year, and revenue from April to June this year increased by 1%to 170.6 billion yuan.This is the first quarter of sales growth since the last quarter of 2020. At that time, US sanctions seriously limited Huawei's global business.

Huo Kun, the chairman of Huawei, said in a statement that while the terminal business has been severely impacted, Huawei's ICT infrastructure business has maintained a steady growth.Looking forward to the future, the use of digital and decarburization trends will continue to create value for customers and partners to ensure high -quality development.

According to Huawei's disclosure of the six -month net profit margin of 5%, the quarterly net profit decreased by 35%to 9.48 billion yuan.According to the company's spokesman, the main reason for the decline in net profit is the high initial cost of seeking new business areas and developing new technologies.