huawei
Chinese telecommunications giant Huawei grew significantly last year despite US technology sanctions. Business with private customer, in cloud computing and in the automotive sector all increased significantly. "We've been through a lot over the past few years. But through one challenge after another, we've managed to grow," said chairman Ken Hu in Shenzhen on Friday, according to a statement. In total, the southern Chinese company generated about $97.8 billion in revenue - an increase of 9.63% compared to the previous year, the group reported. Net profit rose by more than 140% to about $12 bi...
DPA International
US e-commerce giant Amazon and China's multinational tech corporation Huawei have ended a row over patents. Amazon and Huawei have reached a multi-year patent cross-licence agreement that resolves pending litigation between them, Huawei said in a statement on Monday. "Amazon respects Huawei's worldwide patent portfolio, innovations, and contributions to the standardization process," stated Scott Hayden, vice president of intellectual property for Amazon. "Amazon also respects Huawei's efforts to license its patents to companies like Amazon, which frequently use industry technical standards whe...
DPA International
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