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.
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.
Chinese smartphone maker Huawei Technologies has launched two new models — the P40 and the P40 Pro — both supporting the 5G-NR standard and Wi-Fi 6 Plus. A third model which was launched, the P40 Pro+, is not available for sale in Australia.
The "Bully Boys" are still hard at it I see.
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