Huawei is still on, but that hasn’t stopped the from shipping 185 million phones in the first three quarters of 2019. That represents a year-on-year increase of 26%, the company said in a Tuesday release.
The electronics heavyweight also generated revenue of 610.8 billion yuan ($86 billion) — a 24.4% increase year over year — even after predicting afor its phone division during the summer as a result of its .
In addition, Huawei signed more than 60 commercial contracts to provide 5G networking equipment to carriers around the world, like Malaysian telecom Maxis, it noted.
Earlier this year, Huawei CEO Ren Zhengfeithe company’s overall 2019 revenue estimates from $130 billion to $100 billion, citing the US ban.
In May, the Commerce Departmentfollowing an from US communications networks. It required American companies to get a license to do business with the Chinese telecom giant, which is the due to its links to the Chinese government.
The ban impacted Huawei’s latest flagship phones — for instance, itsshipped for Google’s Android. Instead, they use Android open source, which means they don’t have Google services (like Play Store) or apps (like Chrome or Maps). Since a workaround was , Mate 30 owners have to use Huawei equivalents instead, which could hurt its phone sales in future.
Huaweias the world’s No. 2 phone-seller back in 2018, but earlier this year that it’ll overtake Samsung to become the world’s biggest vendor in 2019.
First published at 4:20 a.m. PT.
Updated at 5 a.m. PT: Adds more detail.