Post Tagged with: "Huawei Technologies founder Ren Zhengfei"

Huawei Q3 revenue growth defies difficult year

October 21, 2019 5:46 am0 comments
Huawei Technologies founder Ren Zhengfei

by SAVIOUS KWINIKA JOHANNESBURG – HUAWEI has registered a 24,4 percent growth year-on-year in revenues to CNY610,8 billion ($86 billion) in the first three quarters of this year. The company’s net profit margin in this period was 8,7 percent as it defied a difficult year following restrictions in the United States in […]

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Huawei allocates $100 billion to research, development

January 16, 2019 10:58 am3 comments
Huawei Technologies founder Ren Zhengfei

by SAVIOUS KWINIKA JOHANNESBURG – TELECOMMUNICATIONS equipment and consumer  electronics manufacturer, Huawei, will invest more than US$100 billion (about R1.4 billion) in research and development (R&D) over the next five years. Ren Zhengfei, Huawei founder, disclosed the investment during a media roundtable at the Huawei headquarters in Shenzhen, China. “Public companies, however, are unlikely to do […]

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