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HUAWEI SALES INCREASE
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
Prices of Nvidia's B300 server at $1 million in China on US curbsNvidia's B300 servers have skyrocketed in price to around one million dollars each in China, fueled by an insatiable appetite for AI comput...
US orders chip equipment companies to halt some shipments to China's No. 2 chipmaker Hua HongAmerica has moved to curb China's chip ambitions. The US Commerce Department has directed chip equipment companies to stop sending tools to...
US orders chip equipment companies to halt some shipments to China's chipmaker Hua HongThe US government has taken decisive action by prohibiting chip equipment manufacturers from exporting their tools to Hua Hong, a significa...
Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
US stocks today: US orders multiple chip equipment companies to halt some shipments to China's No. 2 chipmaker Hua HongThe U.S. Department of Commerce has ordered chip equipment firms to halt tool shipments to China's Hua Hong, aiming to slow its advanced ch...
Huawei commits $10 billion to boosting computing power for smart drivingHuawei will ramp up investment in smart-driving research and development, including more than $10 billion over the next five years to boost...
Huawei to invest $2.6 billion on R&D in smart driving technologiesHuawei is investing heavily in smart driving technology. The company plans to spend billions on research and development and computing powe...
Huawei reports its revenue inched higher in January-September despite US sanctionsThe Shenzhen-headquartered firm said Friday that it generated 456.6 billion yuan ($62.4 billion) in revenue for the first nine months of th...
Huawei reports modest revenue growth for first three quarters of 2023Profit rose 177.8% in the period to 73.05 billion yuan, according to Reuters calculations. Though the rise is largely attributable to payme...
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...
US sanctions results in revenue decline for Huawei in 2021Huawei Technologies has suffered a first-ever revenue decline during the fourth quarter of last year due to U.S. sanctions that hurt the bu...
Huawei to increase focus on mid-range smartphonesIn 2016, Huawei shipped 139 million smartphones globally and reported 44 per cent annual revenue growth in its Consumer Business Group at U...
China telecom giant Huawei first half revenue up 40 %Total sales revenue reached 245.5 billion yuan (USD 36.7 billion) in January-June, audited results released in a company statement showed.
Worldwide smartphone sales grew 9.7% in Q4 2015; iPhone declinesSales of iPhone declined for the first time in fourth quarter of 2015, even as global smartphone sales exhibited slowest growth since 2008.
Huawei achieves H1 growth of 19% at USD 21 billionThe Shenzhen based firm, in a statement, said that in the first six months of this year, Huawei generated sales revenue of RMB 135.8 billio...
- Huawei posts USD 2.47 billion profit last year
China's telecom major Huawei today said it posted USD 2.47 billion net profit last year, recording about USD 35 billion in revenues.