"Huawei" profits fly 564%, better than "Apple" in China

Huawei Technologies has increased for the fourth time in a row, suggesting that the Chinese technology company is acquiring a market share of “Apple” and other smartphones’ fields. The company, based in Shenzen, announced a net profit of 19.6 billion yuan ($ 2.7 billion) in the quarter of the year ending last March, a 564%increase, according to a disclosure file of the Huawei Holding Company published on the National Bank of the National Bank. Huawei sales in the first quarter of the year rose 37% to 178.5 billion Yuan. In the disclosure file, the company did not provide a sales analysis in the various sectors of the activity. This great growth in profits confirms the rise of “Huawei”, despite the sanctions of the United States. According to the “Counterpoint” research business, the company’s smartphones sales rose 70% in the first quarter, after suddenly returning to the top of the square last year with a new phone belonging to the fifth generation, supported by an advanced segment of 7pm made in China. In a blatant contradiction, the company “Countvent” estimates the decline in sales of “Apple” iPhone phones during the term that ended 19%in March. Also read: iPhone devations are falling 10% amid intensification of competition with Android phones, “Piura 70” phones earlier in April, Huawei revealed his new smartphone “Biora 70” by a slightly advanced chip, in a review of his ability to continue to produce advanced semi -guided. The amount of “Piura 70” phones was fully sold within two days of the launch, according to the market study conducted by the “Geofrez” business led by Edison Lee. “Huawei” also made progress on artificial intelligence chips by the fee unit “Ascend GPU”. The Chinese company, CEO of “Invidia”, described the Chinese company as a strong competitor.