Renewable Energy

Huawei CEO expects sales at $100 bln in 2019, 2020

Credit: REUTERS/Aly Song

China's Huawei Technologies Co Ltd [HWT.UL] expects sales this year and next year at around $100 billion, its chief executive Ren Zhengfei said on Monday.

HONG KONG, June 17 (Reuters) - China's Huawei Technologies Co Ltd HWT.UL expects sales this year and next year at around $100 billion, its chief executive Ren Zhengfei said on Monday.

The firm was put on a U.S. blacklist last month that bars it from doing business with American tech firms.

(Reporting by Sijia Jiang; Editing by Himani Sarkar)

((miyoung.kim@thomsonreuters.com; 65 6870 3026; Reuters Messaging: miyoung.kim.thomsonreuters.com@reuters.net))

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