Edition:
India

Sijia Jiang

Huawei's device business earned 11 billion yuan in first half of 2019 - filing

12 Sep 2019

HONG KONG Huawei Technologies' device business, comprising mainly smartphones, made a 11 billion yuan ($1.55 billion) profit in the first half of this year - as much as it earned in all of 2018 - a rare regulatory filing showed.

Corrected: Huawei plans first onshore bonds totalling 6 billion yuan

12 Sep 2019

(Corrects issuer name to Huawei Investment Holdings from Huawei in paragraph 2)

Huawei plans first onshore bonds totalling 6 billion yuan

12 Sep 2019

HONG KONG Huawei Technologies parent plans to issue two tranches of bonds worth 3 billion yuan (343.31 million pounds) each, the first time it is tapping the onshore yuan bond market, the Chinese technology giant said in regulatory filings on Wednesday.

Huawei plans first onshore bonds totaling 6 billion yuan

12 Sep 2019

(Corrects issuer name to Huawei Investment Holdings from Huawei in paragraph 2 of this Sept. 11 story.)

CORRECTED-Huawei plans 6 bln yuan bond issue -prospectus

12 Sep 2019

HONG KONG, Sept 11 Huawei Technologies parent said in regulatory filings on Wednesday that it plans to issue two tranches of 3 billion yuan ($422 million) bonds, each with three-year maturities.

Tencent launches WeChat for drivers

26 Aug 2019

HONG KONG Tencent Holdings on Monday unveiled a version of its popular social media app WeChat tailor-made for drivers with state-backed Chinese carmaker China Chang'an Automobile Group, marking a further foray into transportation solutions.

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion

23 Aug 2019

HONG KONG/SHANGHAI Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's revenue lower by about $10 billion this year. | Video

China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei

22 Aug 2019

HONG KONG China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that is likely to cut multi-billion dollar equipment orders for vendors such as Huawei Technologies.

China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei

22 Aug 2019

HONG KONG, Aug 22 China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that is likely to cut multi-billion dollar equipment orders for vendors such as Huawei.

Huawei founder details 'battle mode' reform plan to beat U.S. crisis

20 Aug 2019

HONG KONG China's Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a "live-or-die moment" in the wake of U.S. export curbs, founder Ren Zhengfei said.

World News