BEIJING (AP) — Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight ...
Huawei has released its annual report and financial information for 2020, demonstrating the effect that US sanctions had on its business last year. The report shows that while revenue from North ...
On this Wednesday, March 31, Huawei presented its 2020 Annual Report, with the company's financial results globally. Altogether, sales revenue last year totaled 891.4 billion Yuan (~ US $ 136.7 ...
Huawei continued to make money in 2020 despite receiving bans from various countries around the world, posting net profit of 64.6 billion yuan, but its growth in markets outside of China grounded to a ...
Huawei Technologies saw slight revenue and profit growth in 2020, in line with its expectations, its rotating chairman said on Tuesday, even as Washington toughened sanctions against the Chinese ...
Huawei Australia is seeing its footprint shrink in Australia, both on a sales and organisational level. For the year to 31 December 2020, the Australian arm of Huawei reported revenue almost halving ...
is a reporter with five years of experience covering consumer tech releases, EU tech policy, online platforms, and mechanical keyboards. Apple overtook Huawei to reclaim its spot as the ...
The US sanctions on Huawei are really taking hold now. A new report from Canalys Research shows Huawei dropping all the way down to sixth place for worldwide phone sales in Q4 2020, a dramatic drop ...
Xiaomi had an exceptional 2020, with profits up by more than 28% and over 10 million ‘premium’ phones sold. Its TV business dominated mainland China, too. The company’s success came in part from ...
SHANGHAI (Reuters) - Huawei Technologies saw slight revenue and profit growth in 2020, in line with its expectations, its rotating chairman said on Tuesday, even as Washington toughened sanctions ...