Huawei forecasts 9% revenue growth in 2023 as smartphones surge
BEIJING (Reuters) – Chinese tech giant Huawei Technologies expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023, according to comments from rotating chairman Ken Hu in an internal new…
Apple’s holiday-quarter forecast faces threat from Huawei, weak China market
By Yuvraj Malik (Reuters) – Apple investors will have one big question when the world’s most valuable company reports earnings on Thursday – will Huawei’s resurgence in China dampen its holiday-quarter expectations?…
Taiwan probes four firms accused of helping China’s Huawei
TAIPEI (Reuters) – Taiwan’s government has opened an investigation into four companies named in a media report as conducting business with firms linked to U.S.-sanctioned Huawei in China, and is considering tighter…
US telecom agency says it could boost authority over Huawei, ZTE equipment
By David Shepardson WASHINGTON (Reuters) -Federal Communications Commission Chair Jessica Rosenworcel said on Thursday the agency’s proposal to reinstate net neutrality rules could give it new authority to force the removal of…
Analysis-Germany to face EU ire over Huawei supplies ahead of China talks
By Sarah Marsh, Supantha Mukherjee and Andreas Rinke BERLIN/STOCKHOLM (Reuters) – The European Union is set to urge Germany to do more to reduce its use of Huawei gear in its 5G…
U.S. policy allowing some U.S. tech shipments to China’s Huawei “under assessment”- U.S. official
(Reuters) – A Trump administration policy that allowed companies to ship some U.S. technology below the “5G level” to China’s blacklisted telecommunications equipment maker Huawei is “under assessment,” a key U.S. official…
Saudi Arabia signs MoU with China’s Huawei -statement
CAIRO (Reuters) – Saudi Arabia signed a memorandum of understanding with China’s Huawei Technologies on Thursday on cloud computing and building high-tech complexes in Saudi cities, the government communication office said in…
U.S. judge dismisses indictment against Huawei CFO that strained U.S.-China relations
By Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies Co, formally ending a…
Huawei CFO’s U.S. bank fraud charges to be dismissed
By Karen Freifeld (Reuters) – U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies whose 2018…
Huawei separates Russia business from other CIS countries -source
MOSCOW (Reuters) – Chinese telecoms giant Huawei is separating its corporate division in Russia and Belarus from other CIS countries, a source close to the company told Reuters on Tuesday. Russia’s Vedomosti…
China’s Huawei slows its long decline under U.S. sanctions as revenues improve
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies reported modest revenue growth for a second quarter on Thursday, citing steady growth in its ICT infrastructure business as it finds its…
China’s Huawei posts Q1 revenue drop, says handsets now more available
SHENZHEN, China – China’s Huawei Technologies said on Thursday its first-quarter revenues slipped 13.9% from a year earlier, with new business areas yet to reverse the company’s waning fortunes brought about by…
Huawei pays out $9.65 billion in dividends to current and retired staff
SHANGHAI – Huawei Technologies paid out dividends totalling 61.404 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, according to a filing with the Shanghai Clearing House.…
Huawei to invest $632 million to build new digital energy HQ in Shenzhen
BEIJING – Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese…
Explainer-The U.S. export rule that hammered Huawei teed up to hit Russia
– The Biden administration is readying a U.S. export rule used against Chinese telecoms equipment maker Huawei that could curb Russia’s access to global electronics supplies if President Vladimir Putin decides to…
Huawei CFO Wanzhou Meng Admits to Misleading Global Financial Institution
Earlier today, Wanzhou Meng, Chief Financial Officer of Huawei Technologies Co., Ltd. (Huawei), appeared before U.S. District Judge Ann M. Donnelly in federal district court in Brooklyn, New York, for an arraignment…
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