Chinese telecommunications equipment vendor Huawei technologies has again managed to record an annual profit despite the US sanctions it faces, with the company announcing a 64.6 billion yuan (A$12.98 billion) profit for 2020, an increase of 3.2% year-on-year. Revenue was 891.4 billion yuan, an increase of 3.8% on the previous year.
With the US administration changing next year, it is very likely that Google will be able to get a waiver on selling the proprietary version of its Android operating system to Chinese telecommunications vendor Huawei Technologies, something it has been unable to do ever since the Trump administration put in place sanctions on the Chinese firm.
Chinese telecommunications equipment provider Huawei Technologies has signed a deal with Dutch navigation and digital mapping firm TomTom to use its maps and services on smartphones.
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