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After US sanctions, Huawei turns to new businesses to boost sales


Six months after the Trump administration dealt a crushing blow to Huawei Technologies Co.’s smartphone business, the Chinese telecommunications giant is turning to less glamorous alternatives that may eventually offset the decline of its biggest revenue contributor.
Among its newest customers is a fish farm in eastern China that’s twice the size of New York’s Central Park. The farm is covered with tens of thousands of solar panels outfitted with Huawei’s inverters to shield its fish from excessive sunlight while generating power. About 370 miles to the west in coal-rich Shanxi province, wireless sensors and cameras deep beneath the earth monitor oxygen levels and potential machine malfunctions in mine pit all supplied by the tech titan. And next month, a shiny new electric car featuring its lidar sensor will debut at China’s largest auto show. ....

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Huawei pivots to fish farms, mining after US blocks its phones


Huawei pivots to fish farms, mining after US blocks its phones
6 min.
15.03.2021
Once the world’s largest smartphone maker, the company has seen a series of US sanctions almost obliterate its lucrative consumer business
Once the world’s largest smartphone maker, the company has seen a series of US sanctions almost obliterate its lucrative consumer business
Phone shipments tumbled 42% in the final three months of 2020 for the Chinese company
Photo credit: AFP
Six months after the Trump administration dealt a crushing blow to Huawei Technologies Co.’s smartphone business, the Chinese telecommunications giant is turning to less glamorous alternatives that may eventually offset the decline of its biggest revenue contributor. ....

United States , Liu Liehong , Richard Yu , Edison Lee , Charlie Dai , Ren Zhengfei , Xiaomi Corp , Us Federal Communications Commission , Huawei Technologies Co , Taiwan Semiconductor Manufacturing Co , Yangzhou Yangjie Electronic Technology Co , Alibaba Group Holding Ltd , China Resources Microelectronics Ltd , Forrester Research Inc , Bluepark New Energy Technology Co , Huawei Technologies , New York , Entity List , Communications Commission , Yangjie Electronic Technology , China Resources Microelectronics , Park New Energy Technology , Auto Shanghai , Alibaba Group Holding , Taiwan Semiconductor Manufacturing , Forrester Research ,