Chinese tech giant Huawei, the world's largest supplier of telecommunications equipment, reported a 19.5 percent jump in revenue last year, led by increased sales of smartphones and other devices. The company's carrier division, which handles telecom services, saw a slight drop in revenue from 2017. Each of the firm's three core divisions is involved with 5G technology.

Source: “Huawei Investment & Holding Co., Ltd. 2018 Annual Report,” Huawei, 2018, https://tinyurl.com/y5adnmgx

Data for the graphic are as follows:

Revenue Area Revenue (in Billions of Dollars) Change from 2017 Percentage of Total Revenue
Consumer (smartphones, computers, mobile devices, etc.) $50.8 45.1% 48.4%
Carrier (telecom services) $42.8 -1.3% 40.8%
Enterprise (cloud computing, artificial intelligence and other digital innovations) $10.8 23.8% 10.3%
Other $0.57 -26.1% 0.5%

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