China Mobile and Huawei Help Ningbo-Zhoushan Port

BritishReporter — Ningbo is a time-honored international port city in east China’s Zhejiang province. Its port, the Ningbo-Zhoushan Port, is the largest port in the world. Recently, the port worked with China Mobile Ningbo and Huawei to showcase the hybrid platooning of

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4 mins read

Huawei brings more than 220,000 jobs in Europe

The FINANCIAL — In an Oxford Economics report released today titled The Economic Impact of Huawei, Huawei was found to have contributed EUR16.4 billion to Europe’s GDP and supported 224,300 jobs in 2019. The company also generated EUR6.6 billion in tax revenues

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2 mins read

Huawei announced third-quarter results

The FINANCIAL — Huawei today announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, an increase of 9.9% over the same period last year. The company’s net profit margin in this

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Nokia signs 5G deal with BT following Huawei ban

The FINANCIAL — Nokia today announced that it has extended its long-term strategic relationship with BT into the 5G arena, following its selection as a 5G RAN vendor for the UK operator. As part of the deal, which will make Nokia BT’s largest

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5 mins read

Ericsson second quarter profit rises

The FINANCIAL — Ericsson reported its second-quarter 2020 results, which shows that the gross margin was higher than expected. Ericsson’s position could also be strengthened if more countries follow the U.K. and ban Huawi from 5G. Company is ready to deliver larger volumes of

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4 mins read

UK bans Huawei and requires to remove all 5G kits by 2027

The FINANCIAL — The British government declared that, it will bar telecom companies from purchasing new equipment made by Huawei Technologies Co. and told them to remove its technology from their 5G networks until 2027. John Browne will step down as chairman of Huawei’s

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6 mins read