Huawei Technologies' profits rose 25% last year as the Chinese telecommunications giant climbed the global smartphone market.
Η China's largest technology company in terms of sales, showed a net profit of 59,3 billion yuan ($ 8,8 billion) in 2018. Its revenue jumped almost 20% to 721 billion yuan.
Despite being at the center of global scrutiny, Huawei is gaining customers for its equipment as it competes with Apple for second place in smartphones.
The Chinese company continues to invest large financial capital in research and development (R&D), while for 2018 it has invested 101,5 billion yuan or 14,1% of its sales revenue.
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