As the world grapples with Covid-19, Chinese tech giant Huawei says that its global supply chain is being put under intense pressure and its production and operations face significant challenges.

However, the company’s continued efforts to find solutions, survive and forge forward, and fulfill its obligations to customers and suppliers, have shown promising results, with its latest 3QFY2020 results meeting expectations.

In its business results announced on Oct 23, Huawei recorded CNY671.3 billion ($136.4 billion) in revenue for 3QFY2020, an increase of 9.9% over the same period last year, with a net profit margin of 8.0%.

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