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Huawei calls on the US to abandon the "loser relations" as business failures income support



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Huawei urged Washington to abandon the "relations of a Fool" and once again dispelled the approval of its transmission can be used to spy on the United States by Beijing.
Photo: (AP Photo / Mark Schiefelbein, File)

INTERNATIONAL – Huawei Technologies, China urged Washington to abandon the "relations of a Fool" and once again dispelled the approval of its transmission can be used in Beijing for the US espionage as its business network is weakened in terms of installation global control.

"The US government has to lose. He wants to spread Huawei, because it can not compete with Huawei, »said Guo Ping, chairman of the rotating top global manufacturer of telecommunications equipment and number 3 smartphone maker, on Friday.

"I hope that the United States could adjust its position," said Guo at the press briefing, which was attended by more than 100 journalists from around the world.

The US Embassy in China, declined to comment.

Huawei said the slow pace of profit growth for 2018, as his business network saw its first drop in revenue over two years, overshadowed robust 45 percent jump in its smartphone unit.

Prospects of Huawei have come under a cloud over the last year from the United States have expressed concern that its equipment can be used for spying. Washington also called on his allies to ban Huawei from a new generation of 5G mobile networks.

The final blow for the company came on Thursday when Britain chided him for long to fix security flaws in its mobile network equipment and discovered new "significant technical problems."

For 2018, Shenzen-based firm reported a net profit of 59.3 billion yuan ($ 9 billion), up 25 percent from a year earlier, compared with an increase of 28 per cent in 2017. The income from his business carrier fell 1.3 percent to 294 billion yuan, which he blamed the telecom industry investment cycles.

However, the surge in its consumer business sales to a record 348.9 billion yuan, a movable demand for premium smartphone models, such as the Series P and Series Mate, helped push total revenue to more than $ 100 billion for the first time.

Its total revenue increased by almost 20 percent to 721 billion yuan, marking the fastest growth rate in two years.

consumer business performance was in line with that said Huawei in January, when it also said that it could become the world's best-selling smartphone vendor this year.

Guo said that he expects that all three business groups – consumers, service providers and enterprises – to post double-digit growth this year, although he did not give a specific amount.

The company said earlier this year he was aiming the total income of $ 125000000000, a record high.

"Moving forward, we will do everything possible to get rid of outside distractions, improve governance and make progress on our strategic objectives," said Guo.

Huawei has "prepared some lists of uncertainty", which reduced the net cash position, Guo added, without providing any details.

Spying would be "suicide"

To combat global problems of transmission, Huawei's media launched unprecedented attacks by opening a campus journalist and displaying his usual low-key founder, Ren Zhengfei, in front of the media.

He stepped up a campaign in recent months after Meng Wanzhou, Huawei CFO and Ren's daughter, was arrested in Canada in December in the United States orders on charges of bank fraud and of violating US sanctions against Iran. She denies any wrongdoing.

The company said that the espionage problem & # 39 are unfounded.

"Spying would be equal to suicide," said Song Liuping, chief legal officer of Huawei.

"We have no intention to commit suicide."

Huawei received 48.4 percent of its business from foreign markets in 2018, compared with 49.5 percent a year earlier.

Reuters

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