The long-running ordeal of Huawei’s chief financial officer Meng Wanzhou has come to a close, with a US judge issuing the order to dismiss all charges against the executive.
Chinese telecom equipment maker, Huawei Technologies, which is struggling under United States sanctions saw slight growth in its annual performance, helped by significant levels of confidence from its customers.
Huawei was confronted with, “extraordinary difficulties” last year, though operations were relatively stable, with partners continuing to support the company, rotating Chairman Ken Hu said at the Mobile World Congress on Tuesday.
According to Bloomberg, the telecom equipment maker was put on an export blacklist by former US President Donald Trump in 2019 and barred from accessing critical technology of US origin, affecting the company’s ability to design its own chips and source components from outside vendors.
Read more about Huawei revenue in 2020 ticks up despite US sanctions, chairman says on Business Standard. The company was put on an export blacklist by former US President Donald Trump in 2019 and barred from accessing critical technology of US origin
Huawei set up 50,000 base stations in Indonesia, Hu said, adding that it planned to build 2,000 base stations in remote regions of Ghana., , huawei, revenue, united states, information technology
Huawei Technologies saw slight revenue and profit growth in 2020, in line with its expectations, its rotating chairman said on Tuesday, even as Washington toughened sanctions against the Chinese. | February 28, 2021