Smartphones help Huawei boost annual revenue

A logo of Huawei hangs in the lobby of the Cyber Security Lab at Huawei factory in Dongguan China's Guangdong province

Driven by its smartphone sales, Huawei reported a net profit of close to $9 billion in 2018, which was an increase of 25% compared to the previous year.

However, Huawei has had to contend with accusations that its equipment is insecure, with the United States and Australia excluding the company from their 5G rollouts.

At a press conference on Friday, rotating chairman Guo Ping said the decline was mainly because the company upped investments in research and development past year.

The US accused ZTE Corp., a major supplier of telecom networks and smartphones based in southern China, of misleading American regulators after it settled charges of violating sanctions against North Korea and Iran.

Little gloating in Europe at Britain's Brexit mess
A revised political declaration would open the way for a further section 13 approval vote that would also meet the Bercow test. A close loss would underscore the deadlock that has paralysed British politics since the 2016 Brexit vote.

Despite the security flaws identified in the report Thursday, British authorities said they do not believe the defects were a result of "Chinese state interference" and the report did not find that Huawei was giving the Chinese government backdoor access as the U.S. is warning.

"We are confident that the companies that choose to work with Huawei will be the most competitive in the 5G era", he said. "As long as the Chinese company maintains its technological edge, more countries will embrace Huawei's products", Xiang said. However, Huawei claims that cybersecurity and user privacy protection are at the top of its agenda.

"We expect more large-scale deployment of 5G in 2019". And countries that choose to work with Huawei will gain an advantage for the next wave of growth in the digital economy.

Guo said, "The easiest way to bring down a fortress is to attack it from within.And the easiest way to reinforce it is from outside".

Jordan Bell suspended one game for 'conduct detrimental to the team'
Jordan Bell #2 of the Golden State Warriors plays the Denver Nuggets at the Pepsi Center in Denver, Colorado, Jan. 15, 2019. The 24-year-old will serve his suspension Wednesday night, when the Warriors travel to Memphis to take on the Grizzlies .

"Moving forward, we will do everything we can to shake off outside distractions, improve management, and make progress towards our strategic goals. In addition, we will continue our organisational transformation to inspire greater passion and vitality across the organization". It is not only Huawei technology that is capable of being used for spying the article argues.

Guo Ping's comments came as Huawei Technologies Ltd., the biggest global maker of network equipment for phone and internet companies, announced last year's sales surpassed $100 billion despite USA pressure on American allies to shun it as a security threat.

Meanwhile, Huawei's enterprise division saw revenue grow by 23.8 per cent to 74.4 billion Yuan (£8.5bn), while the carrier business fell by 1.3 per cent to 294 billion Yuan (£33.6bn).

New offense, same question for Jordan Howard after Eagles trade
"Conditions of the trade could potentially flex the pick to a 2020 fifth rounder", the Bears said in a statement Thursday. Howard's average of 7.3 yards per catch last season puts him at 139 receiving yards.

Related News:

  • Tiger advances at WGC-Match Play to book blockbuster vs. Rory

    Tiger advances at WGC-Match Play to book blockbuster vs. Rory

    Molinari, the highest remaining seed at seventh, beat American Kevin Na 6&5 and Kisner saw off South African Louis Oosthuizen 2&1. McIlroy, a four-time major champion , can complete a Career Grand Slam in two weeks by winning the Masters.
    Barty ousts Kontaveit, gets Pliskova in Miami final

    Barty ousts Kontaveit, gets Pliskova in Miami final

    Auger-Aliassime, 18, became the youngest-ever Miami semi-finalist after seeing off world No. 13 Borna Coric 7-6 (7/3) 6-2. Regardless of the final result, the veterans can rest easy knowing the game will be in good hands when they're gone.
    EU plans to put speed limiters, data recorders on cars

    EU plans to put speed limiters, data recorders on cars

    Brake urged the Government to commit to adopting the regulations in the United Kingdom , no matter what happens with Brexit . All new cars sold in the United Kingdom will be fitted with speed limiters from 2022 , following an European Union ruling.
  • Twitter Rolls Out New Dark Mode For iOS

    Twitter Rolls Out New Dark Mode For iOS

    If you still like the blue-and-gray dark mode better, which is presently named Dim , don't stress since it's not going anyplace. Twitter is also bringing its 'Automatic Dark Mode' option to iOS, which is already available on Android.
    Manchester United too much for Watford

    Manchester United too much for Watford

    We know how hard it is to play against Wolves (on Tuesday night) so we need to make sure we have a team fit and available. Manchester United were poor in the first half, showing signs of their lacklustre performances from earlier in the season.
    Landmarks turn off the lights for Earth Hour campaign

    Landmarks turn off the lights for Earth Hour campaign

    According to WWF India website , the organisation is also running #Bee4ThePlanet campaign to mark Earth Hour this year. The hotel "Kazakhstan" is seen after the lights are switched off for Earth Hour in Almaty, Kazakhstan, March 30, 2019.
  • May under pressure to rule out long Brexit delay

    May under pressure to rule out long Brexit delay

    The BBC also reported that government officials had not ruled out the possibility of a runoff vote in parliament between the most popular option proposed by MPs and May's deal.
    UB Men and Women Bow Out of NCAA Tournament

    UB Men and Women Bow Out of NCAA Tournament

    They'll face No. 2 seed MI next in the West Regional semifinals. - Gonzaga's Zach Norvell Jr., asked this week about his school. It was pretty clear Michigan's season would end due to an offensive drought, but this performance took it to the extreme.
    Betsy DeVos to defend cuts to Special Olympics funding

    Betsy DeVos to defend cuts to Special Olympics funding

    The proposed budget states that "such activities are better supported with other federal, state, local or private funds ". Her testimony will come just days after she was grilled over the budget by lawmakers in the House.
  • Guardiola salutes 'incredible' Manchester City

    Guardiola salutes 'incredible' Manchester City

    After a win against Fulham fresh off the back of global duty the team were back at it in the Manchester sunshine. But this team is prepared to withstand the pressure, I'm sure of that.
    DUP ready to cancel Brexit rather than risk Northern Ireland’s position

    DUP ready to cancel Brexit rather than risk Northern Ireland’s position

    Mr Dodds was speaking after the vote today which saw MPs reject Theresa May's proposed Withdrawal Agreement with the European Union by 344 votes to 286, a majority of 58.
    Valve’s New VR Headset

    Valve’s New VR Headset "The Index" Quietly Revealed, Coming May 2019

    Valve's long-rumored VR headset has officially been unveiled, though initial details are incredibly light. We get one pretty good look at the headset, but for now the price and specs aren't clear.


Most liked

Will the royal baby have dual citizenship?
When asked why she thought Harry remembered her birthday, Dunne replied that it was because "I just threw him a kiss". The Duchess told Dunne "it was so nice" to meet her, and the then-98-year-old congratulated Markle on her pregnancy.

Deaths mar local elections leader tied to Turkey's survival
Ankara views YPG as an affiliate of the Kurdistan Workers' Party (PKK), considered a terrorist organisation by Turkey. With reference to Erdogan, Kilicdaroglu said: "If there is a survival issue in Turkey, it's because of you".

Zinedine Zidane picks son Luca as Real Madrid host Huesca
The Blues are aiming to bounce back from the disappointment of their 2-0 loss to Everton in the Premier League last time out. We know he can bring a lot to the team, and we will count on him.

Linda McMahon To Quit Small Business Administration, To Join Pro-Trump SuperPAC
Politico is reporting that McMahon is planning on leaving her post as the administrator of the Small Business Administration . Earlier Friday, a source familiar with her plans confirmed to Fox News that McMahon was expected to resign.

Prime Subscribers Get a Year of Nintendo Switch Online for Free
Rather than paying the $3.99 (£3.49 / AU$5.95) monthly fee, Amazon is offering a way to get a whole year of the service for free . Active Twitch Prime account for 60 days required to claim additional 9-month Nintendo Switch Online membership at no extra cost.

Lyft IPO makes it the ridesharing star, at least for today
According to its filing, Lyft's share of the U.S. ride-hailing market spiked to 39% in December 2018 from 22% at the end of 2016. For the case of Lyft's backbone, their drivers, it is still unsure what would happen to them with the latest IPO announcement.

Venezuela's Guaido: 'Medical support' coming, government says China sending medicines
National Security Adviser John Bolton walks to a Fox News interview outside of the White House in Washington, U.S., March 5, 2019. As the political crisis continues, widespread shortages plague the population, as do rolling power and communications blackouts.

Gaza, Israel brace for mass border demos
On Monday, a rocket fired from Gaza struck a house north of the Israeli commercial capital Tel Aviv, injuring seven Palestinians. As a result of the demonstrations, one member of the Israeli security forces was killed and six others were injured.

Family files lawsuit against Boeing over Ethiopian Airlines crash
The information was presented Thursday to USA authorities, including the Federal Aviation Administration (FAA), the source said. Boeing on Wednesday said changes to the MCAS software would help "reduce the crew's workload in non-normal flight situations".

Galaxy Fold Lasts 200000 Folds, Samsung Says
If the numbers are true, the Galaxy Fold should be able to withstand 100 folds and unfolds in a day for around five years. Additionally, the Mi Fold's main screen seems to offer another advantage, especially compared to Samsung's Galaxy Fold .

Lyft Prices Shares At $72, Gets Valued At $24 Billion Before IPO
To date, Uber has showcased itself as a global company with a diverse set of projects that include food delivery and flying cars. The big test was underway Friday as the company's stock begins trading on the Nasdaq exchange under the ticker symbol "LYFT".

McIlroy, Tiger, No. 1 DJ open with wins at WGC Match-Play
Wise admitted nerves were high on the first tee for his first time playing with 80-time PGA Tour victor Woods. Two-time champion Jason Day , world number five Justin Thomas and last year's victor Bubba Watson all lost.

Samsung Galaxy A70 with 25 mega pixel selfie camera launched
For security, there is face recognition, and an in-display fingerprint scanner, which will most likely be an optical one. It's a fairly familiar combination as we saw this in the Galaxy A7 and A9 past year , but with different resolutions.

Indian Premier League 2019: Groom Pant for the future, says Yuvraj
He said that he has been performing well, and scoring two overseas centuries at this age shows his character. We didn't play another spinner because I thought the pitch will do something for the pacers.

House intelligence representatives call for chairman Schiff's resignation
Trump responded to the report being released by saying it was "total exoneration" in a tweet. You might think it's okay that the president is reported to have helped dictate that lie.