Huawei Archives - viralnom

Chinese tech giant Huawei reported a significant financial resurgence, with profits surging over 564% in the first quarter of 2024 compared to the same period last year. This strong performance comes as competitor Apple experiences a slump in iPhone sales within the crucial Chinese market. Huawei, a big tech company from China, made a lot of money in the first three months of this year. Their profits went up a whopping 564%! That's a huge increase compared to last year. They earned $2.7 billion during this time. Revenue growth in the first quarter was achieved by "seizing opportunities in digitalization, intelligence, and decarbonization", a Huawei representative said, adding: "The industry and global markets will remain rife with uncertainty for the rest of 2024". "We are confid...

China has rolled out the world's fastest internet network. It is capable of transmitting data at 1.2 terabits per second (Tbps). The new Chinese internet system is based on a technology called OTN (Optical Transport Network). However, it uses lasers to transmit data over optical fibers. China has announced the creation of the fastest internet network globally. The new network, developed by Chinese tech company Huawei in collaboration with China Mobile, Beijing’s Tsinghua University, and Cernet (a government-funded education and research network), boasts speeds of 1.2 terabits (or 1,200 gigabits) per second. Although these speeds are currently theoretical and won't be available to consumers immediately. They signify a significant advancement in internet capabilities. The new Chinese ...

Tag: Huawei

Huawei Profits Soar, Taking a Bite Out of Apple’s China Market

China Unveils World’s Fastest Internet Network