HUAWEI TECH. REPORTS 2020 ANNUAL PROFIT OF $9.83 BILLION

Highlights –

• Huawei Tech. reports annual profit of $9.93 billion.
• Huawei’s consumer business was up 3.3% year on year.
• The company’s carrier business is said to seen an increase of just 0.2% in the reporting year.
• The revenue from the company’s enterprise segment soared 23% year on year.

On Wednesday, China’s Huawei Technologies ....