Tashkent, Oct. 18 -- Huawei announced its business results for the third quarter of 2019. During the first three quarters of this year, Huawei generated CNY610.8 billion in revenue, an increase of 24.4% year-on-year. The company's net profit margin in this period was 8.7%.[1]

Huawei has maintained its focus on ICT infrastructure and smart devices, and continued to boost the efficiency and quality of its operations. This contributed to increased operational and organizational stability and solidified the company's performance in the first three quarters of 2019.

In the carrier business, commercial deployment of 5G networks around the world has sped up. Huawei has continued to launch innovative solutions with leading carriers like 5G Supe...