Displaying items by tag: US sanctions

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.

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.

Chinese telecommunications equipment vendor Huawei Technologies has sold its budget smartphone business, Honor, to Shenzhen Zhixin New Information Technology for an unspecified sum.

Published in Mobility
Page 1 of 2

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments