Chinese telecommunications equipment vendor Huawei Technologies has seen its revenue for the first quarter of 2021 fall by 16.5% year-on-year to 152.2 billion yuan (A$30.5 billion), which the company said was as per its forecast.
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.
The Indian competition watchdog, the Competition Commission of India, has asked its director-general to investigate whether Google is indulging in anti-competitive practices through its pay service, Google Pay.
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.
An appeals court in the US has dismissed a request from the Department of Justice that it be allowed to institute an immediate ban on Apple and Google offering the WeChat app for download in their respective mobile app stores.
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