Huawei announces record sales, 5G chip launch

Folding Phone

It also claims to be the first chip to support both standalone and non-standalone 5G architectures and the first to support V2X communications. U.S. President Donald Trump's administration has been pushing European allies to block Huawei from their telecom networks, citing fears that China could use its equipment for spying, something its executives have denied. "We are taking this moment to pause Huawei further building the core, only in Europe, while we engage with security agencies, government and Huawei". But from the smiles and applause that followed, it seems that Huawei is poised to really launch its own take on the foldable smartphone next month. He said the issue of potential restrictions on Huawei is creating uncertainty among operators, which is "never good". He also said a "blanket ban" on the Chinese firm's equipment would slow Vodafone's rollout of 5G networks.

The move by Vodafone follows a decision by BT Group Plc to rip Huawei gear out of the backbone of its United Kingdom mobile network.

Read said its equipment was used in Vodafone's core - the intelligent part of its networks - in part of Spain and some other smaller markets.

Vodafone, one of the world's largest mobile carriers, will "pause" buying Huawei equipment for the core of its networks in Europe amid talks with the company and various agencies and governments, the United Kingdom company's chief executive officer, Nick Read, said.

China: Better December growth despite a slower Q4 - Standard Chartered
China's manufacturing purchasing managers' index (PMI) dropped to 49.4, the weakest reading since February 2016. Auto sales in the world's biggest vehicle market shrank for the first time in 2018 since the 1990s.

Barcelona move a 'dream come true' for Boateng
Sassuolo general director Giovanni Carnevali is expected to fly to Spain today, with a view to completing a deal later this week. While not an obvious January signing for the La Liga leaders, he fits all the requirements the club had drawn up.

Listen to Ariana Grande' New Song '7 Rings' Here!
Oh my God!" She then added: "Ain't that the lil song I made about brown women and their hair? "Hmmm... sounds about white ". The chorus of Princess Nokia's " Mine " repeats the phrase, "It's mine, I bought it", over a similar beat.

The growth, which came on the back of strong demand for Huawei's premium model smartphone, has led to the company's consumer business unit overtaking carrier business as its largest segment of sales, Huawei's head of the consumer division Richard Yu said.

Vodafone said its key revenue measure deteriorated in the third quarter, down 40 basis points quarter-on-quarter to 0.1 percent, reflecting continuing price competition in Spain and Italy and a slowdown in South Africa.

"In the Internet-of-Things era, we will enjoy greater growth", said Mr Yu.

"This is disappointing relative to prior comments that service revenues would be similar to the +0.5 per cent seen in Q2", they said.

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