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Huawei releases its 2019 Annual Report

Subha Bhargavi
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Huawei released its 2019 Annual Report today, detailing a solid business performance. The company’s global sales revenue in 2019 rounded off at USD$123 billion, up 19.1% year-on-year; its net profit reached USD$9 billion; and its cash flow from operating activities topped USD$13.1 billion, up 22.4%

Huawei appoints Terry He as CEO for KSA

Subha Bhargavi
0
Huawei has announced the appointment of Terry He as CEO for Huawei Tech Investment Saudi Arabia effective immediately. Based in Riyadh, He will be responsible for overseeing all aspects of Huawei’s Saudi operations and for guiding the company’s work as a strategic partner in accelerating digital transformation in the Kingdom.
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