Chinese tech giant Huawei, which has been hit by US sanctions, managed to boost its 2020 profits and revenues because of a strong domestic demand for its services. Its revenue for 2020 was around $136 billion, up by 3.8% from 2019. Profit was up 3.2% to around $9.86 billion. The company’s sales in China were 66%, up from 59% in 2019. However, the company’s sales dropped by 24.5% in the Americas.