Huawei urges US to drop 'loser's attitude' as carrier business revenue slips | IOL Business Report

INTERNATIONAL - China’s Huawei Technologies called on Washington to drop the “loser’s attitude” and once again rubbished US allegations its gear could be used by Beijing for spying, as its network business weakened amid mounting global scrutiny.

Huawei’s outlook has come under a cloud over the past year with the United States voicing concerns that its equipment could be used for espionage. Washington has also urged its allies to ban Huawei from building next-generation 5G mobile networks. However, the surge in its consumer business sales to a record 348.9 billion yuan, driven by demand for its premium smartphone models such as the P series and Mate series, helped push global revenue to above $100 billion for the first time.

Guo said he expects all three business groups - consumer, carrier and enterprise - to post double-digit growth this year, although he did not provide a specific number.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

BUSINESS MAVERICK : China and the US: Xi and Trump miss their chance for meaningful trade reformsWhile Chinese President Xi Jinping appears to care only about maintaining political control, US President Donald Trump seems to care only about himself.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

BUSINESS MAVERICK ANALYSIS: US Federal Reserve and a new normal for global monetary policyBUSINESS MAVERICK ANALYSIS: US Federal Reserve and a new normal for global monetary policy By Sharon Wood
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »