The Chinese technology giant reported revenue of 454 billion yuan or $64.23 billion, according to the exchange rate on the company's earnings release.
Huawei reported a sharp slowdown in growth for the first half of 2020 as the company continued to see the impact of U.S. sanctions and the globalMeanwhile, the Chinese technology giant is also awaiting a decision, expected to be delivered on Tuesday, by the U.K. government on whether it will be allowed to participate in the country's 5G networks.
While Huawei managed to maintain growth in its consumer division in the first half of 2020, its largest business by revenue, it did so by increasing its focus on the China market.Washington's introduced a new rule
globaltimesnews
Can you imagine if China leveraged their political power to destroy Apple or Microsoft as they were growing? Go think about that.
lambert_pp Canada will ban Huawei after the merger.
Oh man, 13% yoy growth beats most s&p 500 companies.
Huawei is killing it except in the Five Eyes countries.
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BT warns UK that banning Huawei too fast could cause outagesBT CEO Philip Jansen urged the British government on Monday not to move too fast to ban China's Huawei from the 5G network, cautioning that there could be outages and even security issues if it did. Would It make any difference to the outages we already get? Anyway let’s rely on ourselves for a change. ccp is going to throw a tantrum?
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UK government to make Huawei statement on TuesdayBritish minister Oliver Dowden will make a statement to parliament on Huawei some time after 1130 GMT on Tuesday, the opposition Labour Party said on Twitter. And it’s not going to be good for Huawei. BoycottChina if you don’t want to live under CCPChina’s surveillance. Huawei is not trustworthy.
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UK will place priority on national security in Huawei decision, minister saysBritain will place a 'huge priority' on national security when considering Chinese telecoms firm Huawei's role in the country's 5G network, justice minister Robert Buckland said on Monday. Doesn’t matter. They are already in too deep to just block (some of the best hackers in the world) out. Canalhas 🤬😡 Think you will find it will be money
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Breakingviews - Corona Capital: Failed Chinese M&A, UK retailersFrom Breakingviews: Bank of China pulls out of a takeover of Ireland’s Goodbody Stockbrokers; and Primark and John Lewis announce they're passing up state bonuses for retaining furloughed staff
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Corona Capital: Failed Chinese M&A, UK retailersBank of China pulls out of a $175 million takeover of Ireland’s Goodbody Stockbrokers and Primark and John Lewis announce they’re passing up state bonuses for retaining furloughed workers. Catch up with the latest financial insights from Breakingviews: Reuters Not native speaker but what kind of English is that. The first sentence seem have 2 idea. And who is buying what and who is announcing.
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Huawei revenue growth slows amid U.S. pressure, expected UK banHuawei Technologies Co Ltd, the telecoms firm and No.2 smartphone maker, on Monday reported a 13.1% rise in revenue in the first half of the year, showing slower growth as U.S. officials continue to pressure the company's suppliers and customers. Ifb China has been waging cyber warfare against us for some time now. It is state sponsored and steals secrets and intellectual property. America does not take this threat seriously enough. And hopefully UK pressure
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