Revenues are soaring Huawei Technologies in the first quarter of 2019 despite allegations of cyber security breaches in recent months between the Chinese giant and the US administration.
In short, the pressure from the White House failed to weaken Huawei's race which closed the period January – March 2019 with revenues up 39% to 179,7 billion yuanapproximately $26,8 billion, driven primarily by orders from smartphones increased by 50% to 59 million units from 39,3 million in the same period of 2018.
“These figures show that we are still growing, not declining,” he said Ren Zhengfei, founder and president of the Shenzhen-based multinational company. On the other hand, no information was provided on the net profit for the period.
If Huawei runs, Samsung instead brakes. The Korean group has announced that it will postpone the debut of the new folding smartphone – the Samsung Galaxy Fold – in the United States to a later date after the problems of screen breakage that emerged with the first devices. The launch in the US was scheduled for next Friday. The new device, announced the company, needs improvements, and to strengthen the screen protection. A strategic retreat or just a postponement? Probably the second or a prudential break aimed at avoiding negative repercussions on its flagship products as Samsung had the opportunity to experience three years ago with the battery explosion problem of what was then its flagship model.
