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 6538 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
Turkish Jewellery Designers Terzihan Present 'neutra' Their Stunning New Collection Featuring Raw Na... [15195-Views]
Majority of G.C.C. Travel Agents Envisage a Return to International Travel by August/September [14129-Views]
Pandora ME for Every Side of You [14116-Views]
A Bronzed Adonis [13087-Views]
Code 11.59 by Audemars Piguet – New Tones of Elegance [10418-Views]
Lamborghini SCV12: Squadra Corse Hypercar Ready to Hit the Track [9651-Views]
Meet the #Sephorasquad Middle East Members! [9590-Views]
Preparing for a New Post-pandemic Economic Era in Mena [9450-Views]
Lockdown Showdown: Jaguar I-pace Etrophy Series to Get Back on Track in Berlin in August [8692-Views]
10 Million Plastic Packaging Saved: Grohe Launches Initiative to Reduce Plastic [8553-Views]
Achieve Lasting Radiance with a Skincare Diet [8360-Views]
Make Up for Ever Introduce Two New High Performance Products Within the Aqua Resist Range [8212-Views]
Three Eggs get Yemeni National a Guinness World Records Title [7794-Views]
AIGNER Debuts its Spectacular Fall/Winter Collection [7569-Views]
Cartier High Jewelry - Sur Naturel [7441-Views]
Saxo Bank Launches Loyalty Program for MENA Region Clients [7134-Views]
Panasonic Jaguar Racing Management Team Discuss Formula E's Return to Racing in Berlin [7126-Views]
WTTC Launches Safe Travels Protocols for Attractions, Car Hire and Short-Term Rental [6917-Views]
Pandora Joins Forces with UNICEF to Raise Over $1M in Aid of New One Love Initiative [6822-Views]
Huawei Announces 2020 H1 Business Results [6371-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories