Huawei reports huge drop in profits, appoints CEO's daughter Meng as chair
A leading supplier of telecom gear, smartphones and other advanced equipment, a US-led pressure campaign in recent years has taken a major chunk out of Huawei's businesses
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A leading supplier of telecom gear, smartphones and other advanced equipment, a US-led pressure campaign in recent years has taken a major chunk out of Huawei's businesses
Huawei confirmed that it and other domestic firms jointly created chip design tools required to make semiconductors sized at 14 nanometers and above.
Huawei released its 2022 Annual Report today. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues
Huawei reported a higher-than-usual 113.7 billion yuan ($16.6 billion) in profit in 2021 due to the sale of Honor, its budget smartphone business.
China's Huawei Technologies Co Ltd said net profit slumped last year, as the tech conglomerate boosted research and development spending and grappled with increases in materials costs.... | March 31, 2023