Business
Chinese tech giant Huawei said on Friday its profits more than doubled in 2023, as it ramps up efforts to bounce back in a year that saw the company apparently defy US sanctions with the release of a high-end smartphone.
Mar 29, 2024
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Business
Chinese telecoms equipment maker Huawei Technologies said its revenue edged higher in the first three quarters of the year, even as it grappled with U.S. sanctions that have hindered both its sales and its purchases of advanced ...
Oct 27, 2023
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Business
The U.S. government has begun an official probe into an advanced made-in-China chip housed within Huawei Technologies Co.'s latest smartphone, as tensions flare between the two superpowers over technological prowess.
Sep 8, 2023
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Business
Chinese tech giant Huawei reported Friday that its revenue edged up 0.8% from a year earlier in the first three months of 2023 and the company was profitable.
Apr 28, 2023
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Business
US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said.
Apr 20, 2023
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Business
Huawei on Friday reported a nearly 70% decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its ...
Mar 31, 2023
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Business
Chinese technology giant Huawei has replaced thousands of product components banned by the United States with homegrown versions, its founder has said, according to a transcript of a recent speech released by a Shanghai university.
Mar 18, 2023
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Business
Western governments are falling over each other to restrict social media platform TikTok, but Chinese firms are still huge in sectors from smartphones to network equipment and are only looking to grow.
Mar 1, 2023
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Business
A contingent of Chinese companies led by technology giant Huawei is turning the world's biggest wireless trade fair into an opportunity to show their muscle in the face of Huawei's blacklisting by Western nations concerned ...
Feb 27, 2023
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Business
As technicians in a distant control room watch on display screens, an automated crane at one of China's busiest ports moves cargo containers from a Korean freighter to self-driving trucks in a scene tech giant Huawei sees ...
Jan 24, 2023
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Huawei (officially Huawei Technologies Co. Ltd.) is a Chinese multinational networking and telecommunications equipment and services company headquartered in Shenzhen, Guangdong, China. It is the largest China-based networking and telecommunications equipment supplier and the second-largest supplier of mobile telecommunications infrastructure equipment in the world (after Ericsson).
Huawei was founded in 1987 by Ren Zhengfei and is a private company owned by its employees. Its core activities are building telecommunications networks; providing operational and consulting services and equipment to enterprises; and manufacturing communications devices for the consumer market. Huawei has over 110,000 employees, around 46% of whom are engaged in research and development (R&D). It has 20 R&D institutes in countries including China, Germany, India, Russia, Sweden and the United States, and in 2010 invested CNY 16,556 million in R&D.
In 2010, Huawei recorded revenues of USD$28 billion. Its products and services have been deployed in more than 140 countries and it currently serves 45 of the world's 50 largest telecoms operators.
This text uses material from Wikipedia, licensed under CC BY-SA
