Things aren't so desperate for Huawei Technologies Co after all.
Just over a month ago we were told that the Chinese electronics giant was hunkering down for a drop of as much as 60 million units in overseas handset shipments this year. That was quite a blow, I wrote at the time, considering that consumer devices accounted for 45 per cent of its revenue last year from sales of around 206 million units.
This week, however, we learn that the target of US sanctions is actually on track to post sales growth of around 30 per cent in the first half of