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52% of their business in 2018 came directly from China. I suspect China also supported them with additional spending in 2019 (for this headline). 11% of their
by lettergram 7y ago
52% of their business in 2018 came directly from China. I suspect China also supported them with additional spending in 2019 (for this headline).
11% of their business came from other south pacific countries (which they have a large stake in)
6% from the Americas.
30% of their revenue came from Europe-Africa-Middle East, which is the real "battle ground" for them.
https://www.huawei.com/us/press-events/annual-report/2018 https://www.huawei.com/us/press-events/annual-report/2018
- avocado4 7y ago52% domestic, the rest heavily subsidized exports (essentially CCP giving out networking infra for free around the world). Rate of growth slower than expected, according the the article.
- atlasunshrugged 7y agoYes, I'll be really interested to see what happens in Europe in particular as the US has longer term relationships with governments and others there and you would think this would lead to fewer contracts (at least on the govt/large company front). That said, many of my colleagues in Europe even though they know about Huawei's potential transfer of data to China and are no fans of the Chinese government still choose their phones based on price and many of the countries I visit (Kyiv, France, etc.) have nice Huawei showrooms and seem to be doing good business. When asking colleagues about why they would choose Huawei aside from price (all of them could afford Apple if they wanted) the common response I got was that everyone is spying on everyone anyways and usually a joke about is China really any worse than the U.S.
- hrktb 7y ago> joke about is China really any worse than the U.S. Most people of my generation didn’t see that much of the cold war but still understood what was done during that time on both side, and that from very early in their life. A lot of people are not joking when they say they don’t trust the US, and tend to pay more attention to the control the US has on the tech and media sectors, even if the US is a long time ally.