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Thursday, 01 April 2021 20:31

Huawei records profit in 2020 due to strong growth in China

Chinese telecommunications equipment vendor Huawei technologies has again managed to record an annual profit despite the US sanctions it faces, with the company announcing a 64.6 billion yuan (A$12.98 billion) profit for 2020, an increase of 3.2% year-on-year. Revenue was 891.4 billion yuan, an increase of 3.8% on the previous year.

Published in Business Telecommunications

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Wednesday, 17 March 2021 07:09

Huawei plans to net more than US$1b from 5G patents between 2019-21

Chinese telecommunications equipment vendor Huawei Technologies will earn between US$1.2 billion (A$1.54 billion) and US$1.3 billion from licensing its 5G patent portfolio between 2019 and 2021, the company has announced.

Published in Business Telecommunications

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Thursday, 11 February 2021 11:40

European audio products vendor sets up shop in Australia, NZ

European professional audio products vendor Thronmax has entered the Australian and New Zealand markets, claiming it can provide everything that is needed to start a career as a successful content creator.

Published in Entertainment

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Comments

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