Displaying items by tag: 5G

Wednesday, 01 April 2020 11:09

Huawei faces more tough times ahead in Australia

ANALYSIS In August 2018, Huawei was told that it was not going to be able to bid for something which could prove to be its biggest source of revenue in Australia: 5G contracts.

Published in Telecoms & NBN

Chinese telecommunications equipment vendor Huawei Technologies has reported revenue of 858.8 billion Chinese yuan (US$121 billion) for the full-year 2019, a rise of 19.1% year-on-year, with profit of 62.7 billion Chinese yuan (US$8.8 billion). This was its lowest annual profit growth in three years, announced as the company warned that China would hit back against US measures that have got in the way of its progress.

American multinational technology company Apple may be forced to put off the launch of a 5G version of its iconic iPhone by months due to the ongoing coronavirus pandemic, the Nikkei Asian Review has reported.

Published in Mobility

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