Huawei announced its business results for the first half of 2020 today. The company generated CNY454 billion in revenue during this period, a 13.1% increase year-on-year, with a net profit margin of 9.2%. Huawei’s carrier, enterprise, and consumer businesses achieved CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion in revenue, respectively. As countries around the globe are grappling with the COVID-19 pandemic, information and communications technologies (ICT) have become not only a crucial tool for combatting the virus, but also an engine for economic recovery. Huawei reiterated its commitment to working with... Read More.
Huawei held its Global FSI Summit 2020 (online overseas part) with the theme of “Thrive Digitally in a Mobile Future.” Financial institutions and enterprises were invited to share their experience and insights in dealing with the “new normal” in the post-pandemic era,involving accelerated mobile first implementation and using FinTech to ensure business continuity and reshape financial services models.Huawei believes that mobile capabilities are key to future banks. Supporting this mobile-centric business will require new IT architectures and key capabilities of cloud, AI and 5G. As a leading tech player,Huawei provides... Read More.
Chinese telecoms equipment maker Huawei Technologies Co Ltd is expected to receive planning permission this week to build a 400-million-pound ($494.24-million) research and development centre in Britain’s Sawston village.The facility, 7 miles (11 km) from Cambridge, will be built for researching and developing chips for use in broadband. The South Cambridgeshire District Council has been advised to approve the company’s application in full, the media reported.The Chinese company wants to build the facility in the village of Sawston, seven miles from Cambridge. The area is frequently referred to as... Read More.
It comes amid a new security review that could lead the UK government to ban use of Huawei’s 5G network kit. The Chinese telecoms company says it is “as committed as ever” to provide “the best equipment” to the UK’s 5G mobile and full-fibre broadband providers. Huawei’s local boss said they expects the UK to act in the nation’s interests. The initiative follows a report in Saturday’s Daily Telegraph, which said London-headquartered bank HSBC fears it could face reprisals in China, if the UK acts against Huawei.The Sunday Times also reported... Read More.
Huawei’s growing ‘European village’ in houses 25,000 staff and has several train stations named after European cities such as Paris and Bologna. Construction cranes at Huawei’s Headquarters busily expand an already massive faux-European campus that Walt Disney would envy, as well as an in-house “university” that trains the Chinese telecom giant’s growing global workforce. If the United States hoped to stop the company in its tracks, it hasn’t yet. An escalating US effort to block supplies of vital semiconductors to a company it views as a security risk has... Read More.
Huawei’s 5G-based HiCar technology is not just another auto infotainment system. It’s more like an interface to the car’s core operating system and a vehicle-to-X channel to the road. HiCar will first appear on the BYD Han EV in June, before arriving in models from about 30 different auto brands. Analysts view 5G adoption in cars (and roads) as the ultra-fast communications backbone to autonomous vehicles, smart cities, and the internet of things. It also provides in-vehicle features such as controlling windows, locks, AC, and streaming media. BYD,... Read More.
Huawei has been at the forefront of innovation for quite some time now and the tech giant has been very active in its efforts to help ease the lives of its customers throughout the pandemic. Many industries have had to rely on remote working and e-learning options and Huawei has been instrumental in making these options available with their well-reputed, state-of-the-art technologies.The COVID-19 pandemic has wreaked havoc to almost every single industry out there and over the past few months, the pressure has been on for telecom operators and vendors... Read More.
As nations across the Middle East develop their digital infrastructure, Charles Yang, President of Huawei Middle East, notes that some of the most important advancements this decade will be a result of breakthroughs in basic research.The strength of industry over the past 1,000 years has come from a consistent focus on what we call “basic research”. This means looking at the foundations of mathematics and mechanics, optics, biology, and physics. Of course all companies need to undertake research and development to ensure that their products remain competitive. Yet this day-to-day... Read More.
According to a new report by the European Patent Office, Huawei—a leading global provider of information and communications technology (ICT) infrastructure and smart devices—filed more patent applications in Europe than any other company last year, pioneering the development of solutions to support digital transformation worldwide. Of its patent applications, around two thirds of those were in the field of digital communications, including the development of 5G technology. Huawei has already been leading 5G expansion globally, now focusing on vertical industry, ecosystem, and 5G talent development in 2020. Huawei filed 3,524... Read More.
Huawei Consumer Business Group (CBG) announced that it has shipped 200 million smartphones to date in 2019, 64 days earlier than the same shipment milestone last year. Huawei’s relentless focus on cutting-edge technology and innovative ID design, with its complete commitment to consumers worldwide, has reinforced their trust and commitment as more consumers continue to support Huawei. 2019 saw the launch of a number of stand-out devices including the multi award-winning HUAWEI P30 Series, widely considered to be the best camera phone currently available, as well as an all-round... Read More.
Huawei today announced its business results for the third quarter of 2019. During the first three quarters of this year, Huawei generated CNY610.8 billion in revenue, an increase of 24.4% year-on-year. The company’s net profit margin in this period was 8.7%. Huawei has maintained its focus on ICT infrastructure and smart devices, and continued to boost the efficiency and quality of its operations. This contributed to increased operational and organizational stability and solidified the company’s performance in the first three quarters of 2019. In the consumer business, Huawei’s... Read More.