Huawei global sales rise 19% despite 'US sanctions'; profit up 5.6%

Chinese tech giant Huawei said Tuesday its sales of smartphones and other products grew by double digits last year despite US sanctions but warned it now faces a more complicated global environment.

Huawei Technologies Ltd. is embroiled in a series of disputes with Washington, which accuses the company of being a security risk. The company denies the accusation, and Chinese officials say the Trump administration is abusing national security claims to restrain a rival to US tech companies.

Huawei is China's first global tech brand and most successful private sector company. Its conflict with Washington has added to tension over Beijing's technology