Chinese telecommunications company Huawei, the leader in the segment of commercial contracts for 5G networks, predicts that in 2018 its revenue will exceed $100 billion. The Financial Times, referring to the statement of Ken Hu, the company's CEO, reports that, despite the doubts expressed by some countries regarding the security of its telecommunications equipment, Huawei customers continue to trust it. The company plans to increase investment in cybersecurity, and now intends to allocate 2 billion dollars for this. This year, developed countries have received more than 10,000 5G base stations from Huawei, and next year they will begin production of the first smartphones for 5G networks.
Bloomberg: Nissan restructuring plan includes $2.8 billion-cut08.05.2020
Virgin Atlantic Airways plans to cut 3,150 jobs this year to gain new investment07.05.2020
Liberty and Telefonica agrees for a $38 billion deal to take on BT07.05.2020
Ford projects in China cap sales growth in April as market recovers