U.K. ban looms over Huawei as revenue growth lags amid U.S. pressure

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China's Huawei reported a sharp slowdown in revenue growth on Monday, ahead of Britain's expected decision to ban the company from its 5G telecom networks - a move likely to add momentum to a U.S. campaign against it and threatening its global prospects.

- China’s Huawei reported a sharp slowdown in revenue growth on Monday, ahead of Britain’s expected decision to ban the company from its 5G telecom networks - a move likely to add momentum to a U.S. campaign against it and threatening its global prospects.

Privately held Huawei Technologies released the numbers earlier than it has in the past ahead of the anticipated U.K. ban, a landmark move expected to anger Beijing and win plaudits from U.S. President Trump. “Whatever the U.K. does is going to have quite a symbolic impact on Huawei’s position in Europe,” said Nicole Peng, an analyst at research firm Canalys. “I believe what Huawei is hoping for right now is to delay these countries’ decisions as long as possible, at least as long as up to the U.S. elections.”

The head of French cybersecurity agency ANSSI ruled out a total ban on Huawei equipment for 5G networks in a newspaper interview on Sunday, but said French telcos were being encouraged to avoid switching to the Chinese company. Since then U.S. allies including Canada, Japan and New Zealand have excluded Huawei from 5G projects, but most European governments declined until recently to follow suit.Huawei, which prior to the coronavirus pandemic had already forecast a “difficult” 2020, said revenue rose 13.1% to 454 billion yuan in the first half of the year. The growth rate was down from 23.2% in the first half 2019. Net profit margins were 9.2%, up from 8.7% in the first half 2019.

 

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This is the culture differences: Asian country will accept it to be technological advancement then they learn from it, excel and improve in it later. But the west will rather say no to advancement. That is the reason why India and China are ahead of their game.

Great news! Security is the most important!

No benefit for U.K at all.

互相伤害的事情还是少做点吧?没有啥意思.

The UK made a bad decision. Let’s hope they sort this out.

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US accusations on South China Sea 'unjustified': ChinaUS says Chinese claims to offshore resources across most of the contentious sea are 'completely unlawful'. Beijing says Washington trying to sabotage regional peace. Turkey supports the USA for %100 in this issue. Chinese irrendentism should be stopped
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China says the latest U.S. move is aggravating tensions in the South China SeaThe U.S. State Department said Monday that 'Beijing's claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them.' Tuff shit China claiming territory is aggravating tensions in the South China Sea. Building islands out of nothing in other countries' waters & placing military there against their will is what's aggravating things in SCS What do I know? I'm just some idiot who thinks waters 50 miles from one country & 1000 from another probably belong to the one 50 miles away
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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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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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