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KEN HU
Huawei's profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses growThe Shenzhen-based company reported a net profit of 87 billion yuan ($12 billion), helped by strong sales and an improved product portfolio...- Huawei's profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses growHuawei, one of China's first global tech brands, has been caught up in China-US tensions over technology and security. The US has banned US...
- Huawei forecasts 9% revenue growth in 2023 as smartphones surgeHuawei's smartphone shipments surged 83% in October year-on-year, helping the overall Chinese smartphone market to grow 11% over the same p...
- 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...
- Huawei revenue down 5.9 percent in first half of 2022"While our device business was heavily impacted, our ICT infrastructure business maintained steady growth," Ken Hu, Huawei's rotating chair...
- 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...
- China's Huawei says 2020 sales rose despite US sanctionsChinese tech giant Huawei said on Wednesday it eked out a gain in sales and profit last year but growth plunged after its smartphone unit w...
- Huawei 5G backdoor entry unprovenThe controversy surrounding the Chinese telecom giant was triggered by the US stance that Huawei should be barred from 5G network rollouts ...
- Huawei makes sizeable 5G progress, bags 60 contracts: Ken HuThe company also feels that the Indian government should allow affordable next-generation airwaves to the Indian operators.
- Huawei warns delay in spectrum allotment for trials could hurt India 5G ambitionsIndia’s telcos too had sought clarity from the government on whether they ought to go ahead and buy 5G gear from Huawei.
- Businesses, govts must invest in reskilling to address job loss worries: Wipro CEOCiting the example of the US, where the digital economy has enhanced productivity by 2.7 per cent per annum while the physical economy has ...
- After India, it's time for this country to add "masala" to its bondsSome foreign funds say the bonds would give good exposure to Indonesia.
- India is a promising emerging market: Huawei Co-CEO Ken HuThe company's rotating co-chief executive, Ken Hu, said Huawei’s business in the country is flourishing because of its good relationships w...
- Al-Qaida’s India chief Maulana Asim Umar comes from a family of freedom fightersIntelligence agencies learnt that the elusive head of the Indian branch of al-Qaida had been born in a family of freedom fighters in Sambha...
- No security-centric grievance against Huawei: John SuffolkJohn Suffolk reiterated company’s stand and said that they have not received a single complaint on security matters from any government wor...
- Huawei applied for 56,000 patents, invested $4.8 bn in R&D in 2012Huawei Technologies on Wednesday said it applied for over 56,000 patents and invested around $4.8 billion in research and development in 20...
- China forex reserves hit record $2.8 trillion, lending above targetChina's massive forex stockpile and trade surplus highlight imbalances in global trade and are likely to increase pressure on Beijing for a...
- China slightly shifts yuan rate after G20 pressureChina on Monday set its yuan exchange rate marginally higher following the Group of 20 summit, but analysts warned the shift was symbolic a...
- China's industrial output growth lowest in 7 yearsGrowth in China's industrial output slowed in October to its lowest in seven years, adding to signs an economic downturn is worsening as Be...
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