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Huawei on Tuesday released its consolidated financial report for the first half of the year, posting an equivalent business figure of $ 47.67 billion, up 15% from a year ago. on the other. The firm attributed the improvement to a variety of factors, although it pointed to its efforts to increase the overall efficiency of all its operations as one of the main reasons for the positive results.
Huawei also confirmed that its 5G push is continuing as the company is still committed to selling its end-to-end solutions for the next generation of networks globally, even though it has to deal with some number of obstacles in the form of a regulatory examination. The US government has already effectively blocked its wireless ambitions in its jurisdiction and Australia is now scheduled to plan a similar move. The largest telecom equipment manufacturer in the world is expected to reap the rewards of its 5G investments in China and Europe, the Old Continent benefiting from the company's defeat in the United States, making it the largest in the world. has encouraged the reallocation of resources to other markets. Computer services and smartphone sales also contributed to Huawei's performance, according to its latest financial release that did not reveal its bottom line. The technology giant based in Shenzhen, Guangdong, does not usually publish any half-yearly profit figures and only details this aspect of its performance in its annual reports.
Huawei has designated the P20 series of Android flagships as one of its key milestones for the first half of 2018, highlighting its artificial intelligence and mobile photography capabilities as two fundamental aspects of the new devices. The P20 Pro has already been widely touted as offering the best smartphone camera ever created, thanks in large part to the inclusion of a 40-megapixel sensor and an unconventional three-lens system. The new report also draws attention to the MateBook X Pro, Huawei's first laptop-free notebook, intended to mark the beginning of a new notebook design language used for products from l & # 39; company. In addition to consumer electronics, Huawei remains adamant in pursuing the implementation of AI in its other solutions, including cloud services, the firm said.
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