Huawei revenues continue to shrink as firm struggles under US sanctions
South China Morning Post » Huawei
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2y ago
Huawei’s revenues slumped 13.9 per cent year on year in the first quarter as US sanctions continued to bite, although the decline marked a deceleration from the 28.6 per cent full-year decrease for 2021 ..read more
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China smartphone sales turn in worst-performing quarter since 2020
South China Morning Post » Huawei
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2y ago
China’s smartphone sales slid 14 per cent in the first quarter of 2022 to 74.2 million units, as economic headwinds hit consumer sentiment ..read more
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Chinese tech firms may leave Russia, Ukraine to cut sanctions risk: experts
South China Morning Post » Huawei
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2y ago
After DJI’s move to suspend operations in Russia and Ukraine, Chinese companies are assessing the risk of ‘secondary sanctions’ if they keep supplying Moscow with products that could involve US technologies ..read more
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HSBC faces break-up dilemma as No. 1 investor pushes for change
South China Morning Post » Huawei
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2y ago
Ping An, HSBC’s biggest shareholder, is making a push for change at the lender in the latest investor call to reshape and possibly break-up the London-based bank, which traces its roots to Hong Kong and Shanghai ..read more
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TikTok owner ByteDance collaborates on new operating system for TV maker Konka
South China Morning Post » Huawei
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2y ago
ByteDance’s new MEyou OS pits the tech unicorn against Huawei, which introduced last year its own HarmonyOS 2.0 platform for various smart devices ..read more
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Global smartphone shipments fall in first quarter, dragged down by market uncertainty
South China Morning Post » Huawei
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2y ago
Major Chinese smartphone vendors Xiaomi, Oppo and Vivo each lost market share last quarter, while Samsung and Apple extended their global lead ..read more
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Sanctions-hit Huawei sharpens focus on enterprise market with new office products range
South China Morning Post » Huawei
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2y ago
Huawei has unveiled a new range of commercial office products – including laptop and desktop computers, printers and displays – that come with cloud storage and data protection services ..read more
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Chinese navy names its first woman captain
South China Morning Post » Huawei
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2y ago
Wei Huixiao, the commander of the guided-missile destroyer the Shaoxing, joined the navy after working for Huawei and studying for a PhD ..read more
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Huawei bets on new chip packaging tech to ease disruptions caused by US sanctions
South China Morning Post » Huawei
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2y ago
The struggling Chinese telecoms giant has filed a patent application on the mainland for a semiconductor packaging innovation that could help lower the cost of chip manufacturing ..read more
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Founder Ren Zhengfei urges Huawei to step up patent licensing
South China Morning Post » Huawei
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2y ago
Huawei held a total of 110,000 active patents across 45,000 patent families by the end of last year, creating a potential pool of value as company tries to diversify sales ..read more
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