Huawei almost doubled its R&D budget over the past five years to $22.1-billion in 2021 – more than any company in the world outside America.
Browsing: Meng Wanzhou
US pressure on Huawei has served to strengthen the resolve of the Chinese telecommunications giant, finance chief Meng Wanzhou said.
Huawei Technologies on Monday reported asset sale gains helped lift profit 76% in 2021, its biggest-ever annual gain.
Cutting some Russian banks’ access to Swift will give China the excuse to promote digital versions of its own central bank digital money in global trade and finance.
President Xi Jinping handed down orders for handling the case of Huawei Technologies executive Meng Wanzhou, China said.
Huawei chief financial officer Meng Wanzhou has reached an agreement with US prosecutors to resolve the bank fraud case against her, sources said.
China has denounced Canadian Prime Minister Justin Trudeau’s comments as “extremely unreasonable, absurd and arrogant”, as Beijing ramped up an 11th-hour effort to prevent a Huawei executive’s extradition to the US.
Huawei Technologies’ quarterly revenue shrank for the first time on record, reflecting the devastating impact of US sanctions on China’s largest technology company.
For two years, few outside the inner circle of Meng Wanzhou have known how one of China’s most powerful tech executives has whiled away her days in Vancouver while battling a US extradition request.
The US justice department is discussing a deal that would allow the chief financial officer of Huawei Technologies to return home to China from Canada in exchange for admitting wrongdoing in a criminal case.