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%|