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Huawei first-quarter sales drop 16.5% as US sanctions bite

Chinese telecoms giant Huawei said Wednesday that first-quarter revenue tumbled after harsh US sanctions ripped into its phone business. The post Huawei first-quarter sales drop 16.5% as US sanctions bite

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Huawei reaffirms commitment to creating greater value for customers, society in face of adversity

Huawei released its 2020 Annual Report today. Growth slowed, but the company’s business performance was largely in line with forecast. Huawei’s sales revenue in 2020 rounded off at CNY891.4 billion,

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Huawei sustains lead in global communications market by 31%

Huawei has maintained its leadership in the global wireless infrastructure market, increasing its market share by three per cent to 31 per cent. Analysts at the Dell’Oro for telecommunications infrastructure

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Telecom workers give Huawei Technology 14-day strike notice 

By Elizabeth Adegbesan The Private Telecommunications and Communications Senior Staff Association of Nigeria, PTECSSAN, has issued a 14-day ultimatum to Huawei Technology Nigeria Limited over alleged unfair labour practices. At

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Reeling from US sanctions, China’s Huawei Plans Foray into Electric Vehicles

China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker, battered by