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