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Chinese tech giant Huawei reports sales, profit up despite US sanctionsRevenue in the six months ending in June rose 3.1% to 310.9 billion yuan ($43.1 billion), Huawei Technologies Ltd said. It gave no profit f...11 Aug, 2023, 04.26 PM IST- China's Huawei partners with more automakers to produce Aito EVsHuawei will team up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-bra...01 Apr, 2023, 05.50 PM IST
- Huawei reports huge drop in profits; Meng appointed chairA leading supplier of telecom gear, smartphones and other advanced equipment, a US-led pressure campaign in recent years has taken a major ...31 Mar, 2023, 03.54 PM IST
- US blocks export license renewals for China's HuaweiThe company, which makes network equipment and smartphones, has been on the U.S. Commerce Department's entity list, which comprises those s...01 Feb, 2023, 04.34 AM IST
- China's Huawei looks to ports, factories to rebuild salesThe backbone of the "smart terminal" at the Tianjin Port, east of Beijing, is a data network built by Huawei, which is reinventing itself a...24 Jan, 2023, 09.22 AM IST
- Huawei says it's out of 'crisis mode', though revenue flatHuawei Technologies Ltd, China's first global tech brand, has struggled since then-US President Donald Trump blocked its access to US proce...30 Dec, 2022, 01.58 PM IST
- China's Huawei sees 'business as usual' as US sanctions impact wanesDespite sales increasing a mere 0.02%, rotating chairman Eric Xu struck an upbeat tone in the company's annual New Year's letter, where he ...30 Dec, 2022, 01.15 PM IST
- China's Huawei slows its long decline under U.S. sanctions as revenues improveHuawei posted revenue of 445.8 billion yuan ($62.03 billion)for the first three quarters, 10 billion yuan less than it saw in the same peri...27 Oct, 2022, 02.48 PM IST
- Huawei CFO Meng Wanzhou named chairwoman in rotating roleThe United States then imposed a series of trade restrictions on the company throughout 2019 and 2020, citing national security concerns. T...02 Apr, 2022, 08.29 AM IST
- Huawei founder urges shift to software to counter US sanctionsThe internal memo seen by Reuters is the clearest evidence yet of the company's direction as it responds to the immense pressure sanctions ...24 May, 2021, 06.36 PM IST
- Huawei deepens dive into EVs, seeks control of small automaker: SourcesHuawei, which has been battered by U.S. sanctions, is in talks with Chongqing Sokon to acquire a controlling stake in the latter's Chongqin...29 Apr, 2021, 11.17 AM IST
- US sanctions hit Huawei, sales drop 16.5% after selling Honor businessThe company, however, said that its net profit margin was up 3.8 percentage points (year-on-year) at 11.1 per cent which was the result of ...28 Apr, 2021, 10.01 PM IST
- China's Huawei reports quarterly revenue drop as smartphone income hitRevenues were 152.2 billion yuan ($23.46 billion) in the first quarter, it said on Wednesday. But net profit margin rose 3.8 percentage poi...28 Apr, 2021, 02.22 PM IST
- Embattled Huawei plans push into smart-vehicle sector to survive effects of sanctionsRotating chairman Eric Xu said Huawei planned to invest one billion dollars in the projects -- in cooperation with major Chinese automakers...12 Apr, 2021, 05.26 PM IST
- Huawei upbeat on AI strategy for India; no word on 5G roll-out plans yetThe Chinese telecom equipment maker caught itself in a bitter battle with the US following which the latter imposed a ban on the company ov...02 Sep, 2019, 02.41 PM IST
- Rise & Rise of China’s Internet BillionairesChinese group Alibaba's moves to take its flagship ecommerce site alibaba.com private by offering minority investors an eyepopping premium.25 Feb, 2012, 10.55 AM IST
- Chinese telecom co to invest more in R&D in IndiaChinese telecom operator Huawei Technologies Co is mulling a long-term strategy for research and development in India and will continue to ...02 Oct, 2007, 12.37 PM IST
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