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Huawei's acquirement grew by 19.1 percent meanest year to circa $121 billion, except the congregation says those numbers would be far college if the United States had not cracked downward on its expertness to do business. Due to a trade ban initially ordered meanest May, Huawei is clumsy to besprinkle US parts and software or sell its products in the US. That has cut the congregation out of an important market and hurtful its expertness to jeopardize outside of China.

"The chump commerce has been the major commerce for our growth," said Vincent Pang, admiral of Huawei's western Europe business, in a chronometer with reporters to discuss the company's 2019 banking results. He conscript 2019 a "big challenge" for the company.

"That gave us a really a big difficulty."

While Huawei never had a teeming presence with consumers in the US, the trade ban still hurts Huawei's expertness to jeopardize abroad. It's clumsy to buy new palmtop processors from Intel, and flagship phones like the P40 and the Mate 30 Pro can't oomph Google's apps or Google's app store, managerial them nonstarters for mucho customers. "That gave us a really a big difficulty" in growing smartphone sales, Pang said.

Though the trade ban has yet to go into full effect, it's likely to resist an obstacle for the foreseeable future. The US government "is not willing to allocution with us" discretionary removing the trade ban, said Andy Purdy, Huawei's johnny security officer. "We hope at some point we can participate in those conversations."

Huawei moreover said impend in enterprise businesses, like servers, which rely on Intel chips, and big memorandums analysis, which relies on those servers, is hurtful being hurtful by the ban.