Huawei delivers 'slight' growth in challenging 2020, chairman says
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By Josh Horwitz Shanghai, China (Reuters) - Chinese telecom equipment maker Huawei Technologies, which is struggling under U.S. 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. The telecom equipment maker was put on an export blacklist by former U.S. President Donald Trump in 2019 and barred from accessing critical technology of U.S. origin, affecting the company's ability to design its own chips and source components from outside vendors. The company has repeatedly denied it poses a security risk. ...Read More on Datafloq
Feb. 23, 2021, 6 a.m.