SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Mobile Device & Consumer Electronic(Technology)
Filter PR by
  
Huawei Announces 2020 H1 Business Results

July 18, 2020:  Huawei announced its business results for the first half of 2020. The company generated US$64.23 billion in revenue during this period, a 13.1% increase year-on-year, with a net profit margin of 9.2%.[1] Huawei's carrier, enterprise, and consumer businesses achieved US$22.58 billion, US$5.13 billion, and US$36.19 billion in revenue, respectively.

As countries around the globe are grappling with the COVID-19 pandemic, information and communications technologies (ICT) have become not only a crucial tool for combatting the virus, but also an engine for economic recovery. Huawei reiterated its commitment to working with carriers and industry partners to maintain stable network operations, accelerate digital transformation, and support efforts to contain local outbreaks and reopen local economies.

The complex external environment makes open collaboration and trust in global value chains more important than ever. Huawei has promised to continue fulfilling its obligations to customers and suppliers, and to survive, forge ahead, and contribute to the global digital economy and technological development, no matter what future challenges the company faces.

Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 8776 times
PR Category : Technology
Posted on : Saturday, July 18, 2020  1:54:00 PM UAE local time (GMT+4)
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Pasha de Cartier [20820-Views]
Make Up for Ever Introduce Two New High Performance Products Within the Aqua Resist Range [20024-Views]
Make Up for Ever Introduces for the First Time Its New Active Care-in-foundation to Revive Tired Ski... [17765-Views]
Achieve Lasting Radiance with a Skincare Diet [15777-Views]
Cartier - Les Épures de Parfum [15162-Views]
Parmigiani Fleurier Tonda 1950 Tourbillon [15076-Views]
Pasha de Cartier' [14924-Views]
Get Your No-MakeUp MakeUp Look With Hourglass [14867-Views]
Eid Gift Ideas by The Body Shop UAE [14042-Views]
Parmigiani Fleurier Tonda 1950 Tourbillon' [13407-Views]
Mouawad Reveals the Journey of the Extraordinary Botswana Diamond [13173-Views]
Parmigiani Fleurier Tonda Gt Line is Ideal for the Stylish Man [11820-Views]
Parmigiani Fleurier to participate at first Watches & Wonders -Shanghai' [10410-Views]
Flexibility in Visa Rules, Enhanced Health Precautions for Students Travelling to the UK for New Ac... [9918-Views]
Two Emiratis claim GUINNESS WORLD RECORDS titles in July [9852-Views]
Create your Signature Style with Pandora [9828-Views]
Pandora Voices and the Muses Memorable Firsts [9766-Views]
Pandora Icons Collection [9729-Views]
HONOR 2020 H1 Business Achievements in International Markets [9524-Views]
Sustainable Consumption at the Touch of a Button: GROHE Blue Water System Nominated for the German S... [9311-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories