The Latest Breaking News from Huawei

Dozens of Chinese firms have built software that uses artificial intelligence to sort data collected on residents, amid high demand from authorities seeking to upgrade their surveillance tools, a Reuters review of government documents shows.

China's recent surge in Covid cases jeopardizes the leading smartphone market, while Apple Inc (NASDAQ: AAPL) could still shine, analysts told CNBC. China reported over 20,000 Covid infections leading to a countrywide lockdown hindering logistics and consumer spending. China tried to keep the factories running to reduce disruption. Also Read: Apple iPhones Led Smartphone Sales As 5G…

Senator likens Xenophon’s previous work for Chinese telco to working ‘for the German companies Krupp or Messerschmitt in 1938’ in senate debate

Chinese giant telecom equipment maker Huawei released its 2021 annual report on Monday revealing that sales fell but profit rose. Chief financial officer Meng Wanzhou, appeared at a press conference in Shenzhen to announce the company’s annual results for the first time since being held in Canada in 2018.

Huawei managed to post record profits despite a drop in revenue.

The Chinese telecommunications giant alluded to the “extremely challenging business environment” but a hike in margins and the sale of two businesses helped profits rise

Top boss Meng Wanzhou makes first public appearance since her release from custody in Canada last year

Huawei Technologies on Monday reported asset sale gains helped lift profit 76% in 2021, turning in its first set of results under Chief Financial Officer Meng Wanzhou since she returned to China last year after nearly three years' detention in Canada. In its biggest-ever annual gain, net profit rose to…

Chinese telecom equipment maker Huawei says its 2021 sales fell but profit rose 76% despite U.S. sanctions in a year when its chief financial officer was released by Canadian authorities, ending a standoff with Washington over its dealings with Iran