Entity List

Huawei 1H19 Results Strong; Still Growing After Entity List Event

Today, Huawei announced 1H19 results were CNY401.3B, up 23.2% Y/Y.  Carrier business 1H19 revenues were CNY146.5B, with 50 commercial 5G contracts and shipments of more than 150,000 base stations.  Enterprise 1H19 revenues were CNY31.6B.  Consumer Business 1H19 revenues were CNY220.8B, with 118M smartphone units, up 24% Y/Y.  The company said… Read More »Huawei 1H19 Results Strong; Still Growing After Entity List Event

Huawei’s revenues are at risk as US puts Chinese Tech giant on its “Entity List”

According to news reports and press and social media announcements by high-ranking members of US government, the US government has put Huawei on its so-called “Entity List” of the Bureau of Industry and Security (BIS).  Our read on this is it similar to what happened with ZTE during C2Q18 last year, a move that severely curtailed… Read More »Huawei’s revenues are at risk as US puts Chinese Tech giant on its “Entity List”