Huawei reports $8.8 billion in annual profit, despite US campaign against company

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Huawei made bumper profits in 2018, but reported negative growth in its carrier business (the segment that provides telecommunications products to carriers around the world) -- a potential sign of strain in the face of a US-led campaign against the company

Shenzhen, China Huawei made bumper profits in 2018, but reported negative growth in its carrier business -- a potential sign of strain in the face of a US-led campaign against the company.

The Chinese tech company reported Friday that its annual profit jumped 25% to 59.3 billion yuan , down from 28% growth the previous year.Sales increased by 19.5% to about 721 billion yuan -- missing earnings forecast by the company earlier this year. Huawei is the world's largest telecommunications equipment maker, and a leading smartphone brand that is growing faster than Samsung and Apple .

Huawei suing US government over federal ban 02:35 The United States has been leading an effort to curb Huawei's ambitions to become the global leader of next generation wireless technology, or 5G.Washington has been urging allies to restrict or ban the use of Huawei equipment in their 5G networks, alleging Beijing could use the company's products to spy on other nations. Huawei denies that any of its products pose a national security.The US campaign is having mixed results.

 

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Probably because of the scandal

Huawei should pay a huge amount of advertising fees to the US government😛

If Huawei ever made it into the US, Apple and Samsung would lose a huge market share. I understand there are Apple and Samsung loyalist but Huawei’s phones are incredible.

Jackie Chan looking good.

Why would the US start a negative campaign. Apple not doing so well by any chance. Money will kill us all one day. I wish there were more people like Sir David Attenborough and less people like our so called politicians who are corrupt, greedy and power crazed.

Trump sucks.

A country has no evidence to crack down on a business, which will make everyone remember America's behavior

华为只是中国的一家巨无霸企业,并没有非常硬的威胁实力。这是一句公道话 小C 华为并没有什么威胁

其实你们不用渲染华为威胁 我看了下研发投入4800 利润满打满算600你知道这是什么概念吗小C 就是投八块钱赚一块钱 这是比较低的科技企业利润率了,小C你知道我的研发成本和利润是多少么

It is so unAmerican-like to have tried to tarnish Huawei over some issue and actually carry out an arrest and publicise it. Dept-al to-n-fro could have straightened out the issue or a court case.

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华为的利润不大清楚。你有报告吗

Huawei = future espionage spy technology.

华为的营业额确实很大,但是他的背后是整个国家人才支撑体系。这点 已经有人注意到了

Huawei hardware doesn't belong anywhere near 5G deployments in NATO countries. It's not that hard...

'US led campaign'? bruv this company has shady dealings with chinese govts...

Coool

Good.

Didn't know they made car parts 🤔

Wasabi!

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