Huawei Q1 up 39%

Huawei’s Q1 revenues were up 39% at $26.81 billion for a net profit of ‘around’  8%. Huawei says it has signed 40 contracts with telcos to supply 5G equipment and has shipped 75,000 base stations. By the end of the month it expects to have shipped 100,000. Q1 network equipment sales rose 15%.  Q1 consumer ...

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