Huawei Technologies Co.'s revenue jumped 24 percent in 2019's first nine months, defying the sanctions of U.S. President Donald Trump's administration to sustain growth in its pivotal smartphone business.

China's largest technology company reported revenue of 610.8 billion yuan ($86.1 billion) in the January to September period.

Global smartphone shipments jumped 26 percent in the first three quarters to over 185 million units, helping safeguard its position as the world's second largest name in mobile devices.