Huawei is sanctioned by the US with a fall in profit, believing lacking a key factor.

#Mengwenzhou, the deputy chairwoman and CFO of #Huawei, once again showed up at the group performance meeting after returning to #China.

Under the #US sanction on Huawei and the shortage of chips, Huawei's income in the previous year was reduced by almost 30%, to around 637 billion dollars (in RMB, same below). It is the first fall in the revenue since the record was publicised.

Last year's net profit raised by 75.9%, to 113.7 billion dollars, in which, the sale of a smartphone department to a government-led consortium took account of around 57.4 billion dollars. With a subsidy of 2.57 billion dollars from the government, a total of 60.8 billion dollars of other income was recorded, increasing 87 times from the previous year, being the reason for net profit.

With the deduction of the other income, the net profit was slightly higher than 52.9 billion dollars, reduced by almost 20% year-to-year.

According to the data from a market research organisation, Omdia, Huawei shipped 35 million smartphones only, which plunged by 81.6% from the previous year. The market share fell from 14.7% in 2020 to 2.6% in 2021.

Huawei's consumer business resulted in a hit, and the revenue was reduced by 49.6% from last year to 243.4 billion dollars.

Source: ChannelC #Mar29

https://bit.ly/3wJkfca

#Huawei is mad that it can’t do business in the United States anymore. So what did it do? It vented on #Twitter after #ElonMusk bought the social media company and spent money advertising in The Hill. We break down how Huawei’s latest move to win over sympathy won’t work.

🔥WATCH HERE 👉https://ept.ms/NuclearDiplomacy

⭕ @EpochTV EXCLUSIVES > Only $1 (Limited-Time Offer)👉 https://ept.ms/1DollarNOW10

#Huawei's first-quarter revenues are on the decline compared to last year, slipping nearly 14 percent.

⭕️ Watch the full episode 👉https://ept.ms/LockdownHorror

⭕️ Try @EpochTV for free 👉https://ept.ms/FreeTrialTiffany

In this special episode, we sat down with Jon Pelson, author of "Wireless Wars." He spoke about the United States investigating #Huawei over its equipment being built near missile and #NuclearFacilities, the dangers to #NationalSecurity, and what steps need to be taken to stem that threat.

⭕️ Watch the full episode 👉https://ept.ms/Chinas5GThreat

⭕️Save up to 50% 👉https://ept.ms/3bFhoZB

The #FBI is investigating #Huawei. The telecom company could be disrupting the communication of American #NuclearWeapons. How did this happen? And what can Congress do about it?

🔥WATCH HERE 👉https://ept.ms/NuclearInTrouble

🔵 Save up to 50% 👉https://ept.ms/3nqab26

The #FBI is investigating #Huawei. The telecom company could be disrupting the communication of American nuclear weapons. How did this happen? And what can Congress do about it?

Pete Hoekstra on CCP reparation for COVID.

🔴 WATCH NOW ON @EpochTV 👇
https://ept.ms/NuclearInTrouble

Pete Hoekstra recently wrote a piece calling to hold the Chinese Communist Party (CCP) accountable for the loss of lives from COVID-19.

#FBI is investigating #Huawei over disrupting the communication of American nuclear weapons.

🔴 WATCH NOW ON @EpochTV 👇
https://ept.ms/NuclearInTrouble

Chinese telecom company #Huawei is in the hot seat over some of its business decisions. An FBI investigation found that the company has a pattern of installing equipment on #CellTowers located near American #MilitaryBases.
⭕ Watch the full episode 👉https://ept.ms/AmericanLand
🔵 Enjoy 50% OFF 👉https://ept.ms/3bFhoZB

Chinese telecom company #Huawei is in the hot seat over some of its business decisions. An FBI investigation found that the company has a pattern of installing equipment on #CellTowers located near American #MilitaryBases.
⭕ Watch the full episode 👉https://ept.ms/AmericanLand
🔵 Enjoy 50% OFF 👉https://ept.ms/3bFhoZB

FBI investigation determined Chinese-made #Huawei equipment could disrupt US nuclear arsenal communications

//In 2017, the Chinese government was offering to spend $100 million to build an ornate Chinese garden at the #NationalArboretum in Washington DC. Complete with temples, pavilions and a 70-foot white pagoda, the project thrilled local officials, who hoped it would attract thousands of tourists every year.      

But when US counterintelligence officials began digging into the details, they found numerous red flags. The pagoda, they noted, would have been strategically placed on one of the highest points in #WashingtonDC, just two miles from the #USCapitol, a perfect spot for signals intelligence collection, multiple sources familiar with the episode told CNN.  

Also alarming was that Chinese officials wanted to build the pagoda with materials shipped to the US in diplomatic pouches, which #USCustoms officials are barred from examining, the sources said...

Among the most alarming things the #FBI uncovered pertains to Chinese-made Huawei equipment atop cell towers near US military bases in the rural Midwest. According to multiple sources familiar with the matter, the FBI determined the equipment was capable of capturing and disrupting highly restricted Defense Department communications, including those used by US Strategic Command, which oversees the country's nuclear weapons....//

Read the full article:
https://www.cnn.com/2022/07/23/politics/fbi-investigation-huawei-china-defense-department-communications-nuclear/index.html

Source: CNN #Jul23

#CNNExclusive
#ChinaThreat #MadeinChina #Security #Espionage #ChineseGarden

In this episode, Larry Elder talks about the FBI cancelling #Huawei's Chinese garden project in Washington DC, as the intelligence community is increasingly concerned that Chinese investment in the US will increase their #spying capabilities.

🔵Watch on @EpochTV 👇
https://ept.ms/FBIKilledChinesePlot

Another nation is joining the list of those ousting Chinese telecom gear from their 5G networks. But with #India banning #Huawei and #ZTE, Huawei's founder says the company's priority now is to survive.

⭕️ Watch the full episode 👉https://ept.ms/ChinaMonopoly_FULL

⭕️Save up to 50% 👉https://ept.ms/3bFhoZB

U.S. prosecutors have charged two #ChineseNationals with trying to obstruct the prosecution of a #ChineseTelecom company. It's reported to be #Huawei.

⭕️ Watch the full episode 👉https://ept.ms/USCharges13Spies

⭕️Save up to 50% 👉https://ept.ms/3bFhoZB