Chinese tech giant Huawei posts 34.3% rise in first-half sales

Huawei posted sales of $58.72 billion in January-June, an on-year increase of 34.3 percent. That compares with 3.1 percent growth in the same period last year. The Shenzhen-based company has for several years been at the centre of an intense technological rivalry between Beijing and Washington, with US officials warning its equipment could be used to spy on behalf of Chinese authorities -- allegations it denies.
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