Huawei continues to rely on US trade, purchases from the US increased dramatically

Even though Huawei is blacklisted in the United States, there are quite a few US companies that continue to trade with the Chinese manufacturer.

To do this, they have obtained an exemption from the US government or circumvent the trade ban in other ways, for example through third-party companies in other countries.

Huawei logo
Huawei logo (source: Huawei)

This is also noticeable at Huawei. Contrary to the assumption that one would no longer buy and use American components or products, Huawei purchases from the USA have increased dramatically.

Despite the US boycott, Huawei increased its spending on US suppliers by 70 percent last year. Huawei CEO Eric Xu has now confirmed this to the British Financial Times .

Huawei spent $ 18.7 billion in goods and services in 2019, and $ 11 billion in 2018. So you bought from Google, Microsoft, Broadcom and Qualcomm.

However, the boycott of the US has slowed growth in all areas at Huawei. And that also made itself felt in the sales figures. Assuming sales of $ 135 billion at the start of 2019, "only" $ 123 billion was ultimately achieved. Still an increase, in 2018 sales were $ 109 billion.

Huawei continues to focus on US trade, with purchases from the USA rising dramatically first appeared on Xiaomist .


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