0
General

Huawei founder says sales may slow, but supply chain prepared

Thursday 23 May 2019 | 13:09 CET | News
Huawei's revenue growth slowed in April compared to the first quarter and may continue decreasing in the course of this year in the wake of a US ban on doing business with the Chinese company, founder and CEO Ren Zhengfei said. Huawei will continue to try and work with US companies and partners elsewhere in the world, and has built up its own capacity to weather the ban, he said in comments distributed to the media. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Huawei
Countries: World
::: add a comment
This article is part of dossier

5G


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Huawei to pay staff CNY 2 bln in bonuses for weathering US ban

Published 13 Nov 2019 08:46 CET | China
Huawei said it will hand out CNY 2 billion (USD 286 million) in cash bonuses to staff for helping the company get through the US ...

Huawei CEO offers to license 5G stack to new competitor

Published 12 Sep 2019 15:32 CET | World
Huawei is prepared to sell a perpetual licence to its 5G stack to help create a competitor on the market, CEO Ren Zhengfei said ...

US yet to issue any licences for Huawei sales after over 130 applications - report

Published 28 Aug 2019 08:42 CET | United States
The US Commerce Department has received more than 130 applications from companies for licences to sell US goods to Huawei, three ...

Huawei sales up 23% in H1 despite US ban, smartphone shipments grow 24%

Published 30 Jul 2019 10:38 CET | World
Huawei said its business remained robust in the first half of 2019, despite the US ban inflicted on the company in May. Revenues ...

Huawei maintains sales growth at 30% in H1 - report

Published 25 Jul 2019 10:07 CET | World
Huawei achieved revenue growth of around 30 percent in the first half of 2019, despite the US export restrictions and lobbying ...

US commerce secretary confirms sales to Huawei allowed with licence

Published 10 Jul 2019 09:05 CET | United States
The US said it would grant licenses to American companies that want to sell products to Huawei as long as the sales wouldn't put ...

US govt staff told to continue blacklisting Huawei

Published 03 Jul 2019 10:46 CET | United States
The US President's remarks that the US would ease the trade ban on Huawei appear to have little impact on the administration's ...

US chipmakers sidestep ban to maintain sales to Huawei - report

Published 26 Jun 2019 08:50 CET | United States
US chipmakers are still selling millions of dollars of products to Huawei despite the government ban on the sale of American ...

Huawei scraps new laptop launch due to US ban

Published 12 Jun 2019 09:36 CET | World
Huawei has scrapped the launch of a new laptop due to the ban on doing business with American suppliers, said Richard Yu, CEO of ...

Trump confident that UK, US can reach agreement on Huawei

Published 04 Jun 2019 21:31 CET | United Kingdom
US President Donald Trump has expressed confidence that the UK and US will be able to work out any differences with regards to ...

Huawei manufacturer Foxconn scales back production - report

Published 03 Jun 2019 17:32 CET | World
Huawei is reassessing its aim to become the world's top-selling smartphone vendor by 2020, amid expectations the US trade ban on ...

Tory leader candidates appear to rule out 5G deal with Huawei

Published 03 Jun 2019 11:29 CET | United Kingdom
Conservative MPs looking to replace Prime Minister Theresa May have hinted at a possible u-turn over allowing Huawei to help ...

UK officials accuse China of rigging 5G security tests to favour Huawei

Published 03 Jun 2019 10:54 CET | United Kingdom
UK government officials and industry experts have accused China of rigging 5G mobile network equipment tests in favour of Huawei ...

TRA UAE holds talks with Huawei over relations with Google

Published 31 May 2019 12:55 CET | United Arab Emirates
The UAE Telecommunications Regulatory Authority (TRA) says it held a several meetings with Huawei officials following the latest ...

Telia says Huawei, Honor phones should 'largely' keep running Google apps

Published 31 May 2019 11:59 CET | Scandinavia
Telia Company said that its customers with Huawei and Honor phones can expect that applications and services on their devices ...

Deutsche Telekom asks employees to avoid Huawei smartphones in response to US security measures - report

Published 31 May 2019 09:30 CET | Germany
Deutsche Telekom has asked its employees to avoid purchasing a new Huawei smartphone to use for work, in reaction to strict ...

Huawei sees access to standards bodies suspended after US ban

Published 27 May 2019 10:00 CET | World
Huawei is seeing its access to some international standards bodies suspended as a result of the US ban on doing business with the ...

Huawei's Yu says own OS could be ready for China launch by year-end

Published 24 May 2019 10:28 CET | World
Huawei could have its own operating system for smartphones ready for use in China by fall this year, the head of the company's ...

Neophotonics cuts Q2 outlook on Huawei ban

Published 23 May 2019 15:13 CET | World
NeoPhotonics has become one of the first companies to issue a profit warning due to the US ban on doing business with Huawei. The ...

Huawei faces trade secrets trial brought by US start-up Cnex Labs

Published 23 May 2019 10:23 CET | United States
Huawei is facing a lawsuit in the US alleging it stole trade secrets from the Silicon Valley chip startup Cnex Labs, the Wall ...

US bill would release USD 700 mln to help carriers replace Chinese equipment

Published 23 May 2019 09:14 CET | United States
Up to USD 700 million may be made available to US operators needing help to replace telecom equipment bought from Huawei and ...

EE excludes Huawei smartphones from 5G launch, Vodafone suspends pre-orders

Published 22 May 2019 18:00 CET | United Kingdom
EE has pulled Huawei smartphones from its 5G launch device line-up, reports The Guardian. Speaking as EE confirmed plans to ...

Asian carriers drop new Huawei smartphones

Published 22 May 2019 17:06 CET | Asia
Japanese and Taiwanese operators became the first in Asia to say they will stop selling Huawei Technologies' new smartphones ...

ARM suspends business with Huawei - report

Published 22 May 2019 13:16 CET | World
UK-based chip designer ARM has told staff it must suspend business with Huawei, according to internal documents obtained by the ...

Huawei alternative OS 'far from ready' - report

Published 22 May 2019 12:03 CET | World
Huawei will be forced to launch its own mobile operating system and app ecosystem if Google withholds access to the Android ...

Huawei seeks support in Europe after US ban

Published 22 May 2019 11:42 CET | Europe
Huawei has turned to the European media to defend its position following the US move to block the Chinese company from doing ...

Huawei founder insists US government 'underestimates' company

Published 21 May 2019 11:15 CET | United States
Huawei founder Ren Zhengfei has downplayed the impact of the recent US restrictions and insisted that the US government ...

Huawei gets 90-day reprieve to support US customers

Published 21 May 2019 08:59 CET | United States
The US government has offered a 90-day reprieve to Huawei and its customers and suppliers in the US. Shortly after putting the ...

Google, US chipmakers break ties with Huawei

Published 20 May 2019 08:47 CET | China
Google as well as chipmakers based in the US are starting to break ties with Huawei, after the US security order that forbid ...

Trump allows ban on foreign ICT companies over security threats

Published 16 May 2019 09:18 CET | United States
The US President Donald Trump has signed an executive order effectively banning US organisations from doing business with Chinese ...