Category

Huawei

Huawei’s financials take a beating as President Trump’s sanctions come home to roost Huawei

Huawei’s financials take a beating as President Trump’s sanctions come home to roost

US sanctions are starting to have a pronounced impact on Huawei’s financials, with the embattled Chinese telco reporting just single digit year-on-year growth for the first three quarters of 2020. Revenues to the end of September were 671.3 billion CNY (circa $100.4 billion, or £77 billion, at today’s exchange rates),…
bubmag
October 23, 2020
China Tech Digest: China To Tighten E-commerce Competition Regulations, Huawei Revenues Up 9.9% Huawei

China Tech Digest: China To Tighten E-commerce Competition Regulations, Huawei Revenues Up 9.9%

China to tighten regulation over unfair e-commerce competition tactics On October 20, the State Administration for Market Regulation issued an announcement to solicit public opinions on the "Measures for the Supervision and Administration of Online Transactions". According to the draft, all e-commerce merchants should clearly display the actual business entity,…
bubmag
October 23, 2020
Huawei reports slowing growth as its operations “face significant challenges” Huawei

Huawei reports slowing growth as its operations “face significant challenges”

Huawei announced earnings results today showing that its growth has slowed significantly this year as the Chinese telecom equipment and smartphone giant said its “production and operations face significant challenges.” While Huawei did not specify trade restrictions in its brief announcement, the company has been hit with a series of…
bubmag
October 23, 2020
Huawei Mate 40 Series Debuts with Powerful Kirin 9000 Processor and Fast 50W Wireless Charging Huawei

Huawei Mate 40 Series Debuts with Powerful Kirin 9000 Processor and Fast 50W Wireless Charging

Huawei’s Mate 40 Pro comes in Mystic Silver, White, Black, Green and Yellow. (Source: Huawei) Huawei’s new premium flagship Huawei Mate 40 series smartphones made their global debut on Thursday, setting the stage to compete with Apple’s iPhone 12 and Samsung’s Galaxy S20 series. Among the four models, the Mate…
bubmag
October 23, 2020