Huawei says it’s out of ‘crisis mode,’ though revenue flat
1 year, 11 months ago

Huawei says it’s out of ‘crisis mode,’ though revenue flat

Associated Press  

HONG KONG — Chinese technology giant Huawei says it has emerged from “crisis mode” after years of U.S. restrictions that have stifled its overseas sales, even though its revenue for 2022 failed to grow from a year earlier. Huawei Technologies Ltd., China’s first global tech brand, has struggled since then-U.S. President Donald Trump blocked its access to U.S. processor chips and other technology in 2019 on grounds that Huawei could facilitate Chinese spying. Xu said in the message that the firm’s telecommunications network business maintained “steady growth” and that a decline in its devices sector — mainly phones — had abated. For the coming year, Xu pledged to maintain Huawei’s heavy investment in research and development and said that its cloud business needs to become the “foundation” in driving growth.

History of this topic

China's smartphone shipment grows to 68.8m in Q3, records growth
1 month, 1 week ago
Huawei vs Apple: What does the Global South care about?
1 month, 1 week ago
Huawei vs Apple: What does the Global South care about?
1 month, 1 week ago
When the chips are down: A US-China trade war?
1 month, 1 week ago
Mystery surrounds discovery of TSMC Tech inside Huawei AI chips
1 month, 2 weeks ago
Huawei Founder Encourages Young People to Embrace AI-Driven Entrepreneurship Without Complaints or Regrets
1 month, 3 weeks ago
Huawei sees first-half earnings surge on smartphone renaissance
3 months, 3 weeks ago
Consumer electronics sales looking up
7 months ago
Execs, experts endorse nation's pursuit of cutting-edge growth
7 months, 1 week ago
Experts flay fresh US chip curbs
7 months, 2 weeks ago
U.S. revokes some export licenses for China's Huawei
7 months, 2 weeks ago
Can the US Counter Huawei’s Normalcy?
7 months, 2 weeks ago
U.S. chip bans not meant to hobble China's growth, Blinken says
7 months, 3 weeks ago
Huawei's new smartphone series seen as key to revival
8 months ago
US criminal case against China's Huawei heads toward 2026 trial
8 months, 2 weeks ago
Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow
8 months, 3 weeks ago
Apple China iPhone sales plunge 24% as Huawei's popularity surges
9 months, 2 weeks ago
Nvidia identifies Huawei as top competitor for the first time: What this means
10 months ago
New model to hike Huawei's market share
10 months ago
Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure
11 months, 2 weeks ago
Huawei forecasts revenue growth in 2023 as smartphones surge, indicating rebound after sanctions
11 months, 3 weeks ago
Huawei expects 2023 revenue increase despite external challenges
11 months, 3 weeks ago
BT scrambles to rip out Huawei tech ahead of New Year’s Eve deadline
1 year ago
China iPhone sales strong, Apple tells investors as Huawei threat looms
1 year, 1 month ago
Huawei reports its revenue inched higher in January-September despite US sanctions
1 year, 1 month ago
Huawei reports its revenue inched higher in January-September despite US sanctions
1 year, 1 month ago
Taiwan probes firms suspected of selling chip equipment to China’s Huawei despite US sanctions
1 year, 2 months ago
Taiwan probes firms suspected of selling chip equipment to China's Huawei despite US sanctions
1 year, 2 months ago
Huawei unveils premium Ultimate Design handset
1 year, 2 months ago
Samsung and Huawei to spearhead foldable smartphone surge in 2024: Counterpoint Research Report
1 year, 3 months ago
Huawei unit ships Chinese-made surveillance chips in fresh comeback sign, sources
1 year, 3 months ago
Today’s Cache | Google expands Bard integration; Neuralink’s brain-chip to begin human trials; U.S. questions Huawei’s manufacturing capabilities
1 year, 3 months ago
U.S. has no evidence Huawei can make advanced smartphones in large volumes
1 year, 3 months ago
China’s Huawei to re-enter 5G smartphone
1 year, 3 months ago
Banned or not? Why there is confusion over restrictions on iPhone use in China
1 year, 3 months ago
China says it has not banned purchase, use of iPhones, foreign phone brands
1 year, 3 months ago
Some Chinese government employees banned from using Apple devices: Report
1 year, 3 months ago
China makes microchip breakthrough in blow to Biden’s tech sanctions
1 year, 3 months ago
China's Huawei poised to overcome U.S. ban with return of 5G phones: Report
1 year, 5 months ago
China's Huawei Poised To Overcome US Ban With Return Of 5G Phones: Report
1 year, 5 months ago
Huawei defends intellectual property
1 year, 6 months ago
Huawei profit sinks in 2022 amid sanctions, but sales higher
1 year, 8 months ago
Huawei profit sinks in 2022 amid sanctions but sales higher
1 year, 8 months ago
Tech companies continue to abandon China. Here’s why its good news for India, Mexico and Vietnam
1 year, 8 months ago
Huawei Chief Says Thousands of US-Banned Parts Replaced in Its Devices
1 year, 9 months ago
Huawei has replaced thousands of U.S.-banned parts in its products, founder says
1 year, 9 months ago
Germany moves toward restrictions on Huawei, as Europe sours on China
1 year, 9 months ago
Huawei dominates MWC mobile tech fair despite US sanctions
1 year, 9 months ago
Huawei dominates MWC mobile tech fair despite US sanctions
1 year, 9 months ago
US blocks export license renewals for China’s Huawei
1 year, 10 months ago

Discover Related