Chinese telecommunications equipment vendor Huawei Technologies has reported revenue of 721.2 billion yuan (US$105.2 billion) for the fiscal year 2018, a rise of 19.5% year-on-year, with the growth mainly attributable to its consumer business.
Chinese telecommunications equipment vendor Huawei Technologies has filed a lawsuit in the US District Court for the Eastern District of Texas, challenging section 889 of the US National Defence Authorisation Act which it says unfairly discriminates against it and prevents it from operating in the US.
Huawei chief executive and founder Ren Zhengfei says the company will under no circumstances allow the Chinese Government to access customer data.
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