Huawei records record profit
Tuesday, January 22nd, 2013 1:30:21 by Farasat Ali
For the first time in its history Huawei held a press conference to explain its economic balance. They were please to confirm that they had a massive 1.8 million profit, 33% more than the previous year.
Their big profits reportedly come from their line of business infrastructure provider for the world’s major telephone companies. According to many analysts, with these accounts and that this lack of Sweden’s Ericsson could become
the first global company in the business of telecommunications infrastructure providers.
The Chinese company is also one of the five manufacturers’ of smartphones, but this business is far less lucrative than the networks.
In this year, Huawei has faced accusations of being U.S. authorities of the Chinese Government urns tool for espionage in the United States. It also has opened an investigation into the European Union on the possible dumping of
prices in telecommunications services.
Short URL: https://www.newspakistan.pk/?p=37540
Posted by Farasat Ali
on Jan 22 2013. Filed under Sci-Tech.
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