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Huawei: Fibre Investment is of fundamental importance to the UK's economic development

2019-08-05 01:16:08| Total Telecom industry news

Britain’s low fibre penetration levels will be a severe barrier to its economic growth, unless the country redouble its efforts to dramatically increase fibre availability, according to senior industry figures. Speaking exclusively to Total Telecom last week, Huawei’s president for Global Government Affairs, Victor Zhang…read more on TotalTele.com »

Tags: development importance economic investment

 

Huawei to increase R&D spend in the UK

2019-07-31 02:00:00| Total Telecom industry news

Huawei is set to increase its global research and development budget by 20 per cent to $18 billion, following a strong set of financials for the first half of 2019. Speaking to Total Telecom at a press event in London on Tuesday, Huawei&rsquo…read more on TotalTele.com »

Tags: the uk increase spend

 
 

Huawei sales up 23% in H1 despite US ban, smartphone shipments grow 24%

2019-07-30 10:38:00| Telecompaper Headlines

(Telecompaper) Huawei said its business remained robust in the first half of 2019, despite the US ban inflicted on the company in May. Revenues for the six months rose 23.2 percent to CNY 401.3 billion, suggesting a slowdown in Q2 after 39 percent growth reported for Q1. The company's net profit margin for H1 was 8.7 percent.

Tags: sales grow ban smartphone

 

Huawei sees trouble ahead despite revenue rise

2019-07-30 10:07:00| BBC News | Business | UK Edition

The Chinese tech giant has been under global scrutiny for allegedly posing a security risk.

Tags: rise ahead trouble revenue

 

Huawei: We are fighting for survival while simultaneously seeking growth

2019-07-30 02:00:00| Total Telecom industry news

Huawei has released a strong set of figures for the first half of 2019, posting revenue growth of over 23 per cent, despite facing a plethora of challenges this year. Total revenues stood at $58.3 billion (CNY401.3 billion), a 23.2 per cent increase on last year’s H1 figures. This year, Huawei has faced a flurry of allegations from the US over the security of its network equipment, with the US lobbying its allies to ban the Chinese tech giant from their 5G network rollout…read more on TotalTele.com »

Tags: growth seeking fighting simultaneously

 

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