Huawei

Huawei

Chinese tech giant Huawei Technologies projected a 21 percent leap in 2018 revenue to $109 billion, according to its rotating chairman Guo Ping, boasting a sharp acceleration in the business growth despite heightened global scrutiny as the company struggles to relieve rising concerns about the business and product security. In New Year’s address to the employees, Mr. Ping had said that the company has signed around 26 5G contracts and

Huawei

China’s tech giant Huawei is planning to become the world’s No. 1 smartphone player by 2020, after overtaking the iPhone maker, CNBC reported, citing Richard Yu, Huawei’s CEO of consumer division in an exclusive interview. Huawei is already the top player in China, the world’s largest smartphone market, and has been a leading contender on the global stage. In addition, the company became the world’s second-largest smartphone maker, overtaking Apple,