BEIJING, China (AFP) –Chinese telecommunications giant Huawei said Tuesday that “survival” was its first priority after announcing 2019 sales were expected to fall short of projections as a result of US sanctions. Chairman Eric Xu said Huawei — banned from working with American firms over national security fears — estimates sales revenue will reach 850 billion yuan for 2019 (US$121 billion) — up roughly 18 percent from the previous year, but much lower than initially expected. […]
Tag: Chinese telecommunications company
Pangilinan accuses admin of “laying down red carpet” for Chinese telco inside military camps
(Eagle News)–Senator Kiko Pangilinan has accused the administration of “la(ying) down the red carpet” for Dito Telecoms, a Chinese telecommunications company, inside military camps, noting supposed plans to construct telecommunications towers there. “The planned installation of electronic communications inside our military camps raises fears of electronic espionage and interference given the record of some Chinese firms for engaging in this illegal activity,” Pangilinan said. According to Pangilinan, “this fear is especially acute” considering China’s National […]





