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“Egypt, Indonesia, Malaysia, Mexico, Saudi Arabia, Turkey, and the United Arab Emirates. In addition, Huawei’s cloud services revenues reportedly rose by almost 170 percent in 2020. This accelerating revenue stream threatens to undermine U.S. efforts to curtail Huawei’s power, influence, and financial strength.
I think Cotton is a little high on Huawei Cloud growth, but the company doesn’t release Cloud sales. I can confirm much of the growth, but it’s good to have confirmation from the NSA, presumably Senator’s Cotton’s source.Continue reading
Canalys estimates Huawei had 20% of the Q1 $6B China Cloud market. That’s behind Alibaba but ahead of Tencent and Baidu. If growth continues, Huawei’s China Cloud revenues will be $1.5-2.5 billion yearend and likely over $10 billion in 2022.
Huawei is also expanding rapidly in South Africa, Singapore, Mexico, Brazil, and across the global South. A $5 billion/quarter run rate is plausible by the end of 2022. Canalys sees Huawei as particularly strong in government and automotive markets, both growing rapidly.Continue reading
First 45 minutes of press conference live tweet
Google, Amazon, and Apple megabillion dollar battle for controlling our homes now will compete with Huawei OS. Harmony has original features but also needs many more features #huawei #harmonyOS live tweet Follow @huaweireport for independent reporting
Bryan and all: For two years Huawei has been saying that Harmony is based on the open source version of Android. So the resemblance is not news. #huawei #harmonyOS live tweet @huaweireportBryan Ma @bryanbma
Can’t help but wonder at the resemblance to iOS #LiveSmartWithHuawei
Hengtong, a fiber and power equipment manufacturer in Suzhou, announced volume production of a 400 Gbps silicon photonic transceiver. (Below.) The company sales in 2020 are US$4 billion, including fiber, power cables, and a marine division it bought from Huawei a year ago.
The 400G QSFP-DD DR4 is a high-performance, state-of-the-art module delivered as a very small quad (4-channel) small form-factor pluggable unit. It is comparable to the best of Cisco and Arista.
China is no longer dependent on the U.S. for any components. It does need Taiwan or Korea to produce the most advanced chips, required for mobile phones. Taiwan in turn is dependent on ASML in the Netherlands for EUV equipment, not the U.S.Continue reading
“2021 will be another challenging year for us, but it’s also the year that our future development strategy will begin to take shape,” said Eric Xu, Huawei’s Rotating Chairman. Huawei generated CNY152.2 billion in revenue, a 16.5% decrease year-on-year. The Network Business continued to grow. It wasn’t officially announced, but consumer products other than phones probably increased sales. The fitness tracker, earbuds, and watches are winning strong reviews.
Phones have been about half of Huawei sales. I infer the 16.5% overall sales fall resulted from a 30-40% fall in phone sales. Other lines of business will soon replace phones, including cars and cloud.
Huawei will survive and has a clear plan to thrive after a hard year or two. It has $40 billion in the bank and if needed essentially unlimited support from the government. It would be smart for the US to end the war but unlikely. Powerful Democratic Senators Schumer and Warner have joined with Republicans. Bideon is unlikely to take this on until after the November 2022 elections.
Ren has called on the spirit of Shangganling and Huawei’s people are responding.Continue reading
It looks a lot like Android because it’s based on the Open Source Android code. But it took thousands of engineers and billions of dollars to replace Google’s apps and Google Mobile Services, which Google refused to make Open Source.
Harmony actually runs faster than many parts of Google’s Android. Software engineering has improved since Android was built 15 years ago. In particular, the file system is much faster.Continue reading
Zhang Qiaoming of Huawei invited Apple to add an interface and join the Hongmeng ecosystem. “If Apple can add interfaces, we do not exclude any manufacturer from embracing the ecology with us.”
Apple is highly unlikely to work with Huawei today. If DC gives up the war on Huawei, Apple may be well advised to join with the Hongmeng ecosystem in three or four years. Huawei’s goal is for Hongmeng to dominate the ICT world. There’s a long way to go; the programmers’ IDE (Integrated Development Environment) is not yet available.
Harmony/Hongmeng is intended to be much more than a replacement for Android. It will be a complete operating system for everything in your home, office, or car. It will be “The Internet of Everything,” controlled by the Huawei Cloud.Continue reading
The US war on Huawei brought down sales internationally but China’s 700,000 5G cells and explosive cloud growth meant Huawei had an up year. The chip blockade did hurt in Q4 and will continue to hold down sales in 2021. Huawei has sufficient reserves to outlast the United States until China catches up in chip production.
Perhaps the most important figure in the financial report was the $55 billion cash. Another $10 billion will come in from the sale of Honor/Glory. Huawei is only carrying $21 billion in debt, implying it has plenty of borrowing power on commercial terms.
“The supply restrictions for our smartphone business have caused us a great impact,” reflects Hu Houkon. “The growth rate of the consumer business has indeed not met expectations. Huawei’s mobile phone sales have been advancing all the way for so many years. Last year, it was affected by supply problems. Revenue is declining.”Continue reading
China has agreed to buy $16 billion/year of Iranian oil in what amounts to a barter arrangement for Chinese goods. Telecommunications is specifically included, with a $billion or more for an upgraded mobile system. Huawei & ZTE will probably split the contract.
Iran’s population is 84 million, about the same as Germany or Turkey. That’s as much as Ireland, Norway, Finland, Denmark, Switzerland, Austria, Sweden, Belgium, and the Netherlands, combined. Nothing’s announced but it will be a big deal.Continue reading
Bolsonaro, under US pressure, had excluded Chinese companies from 5G contracts worth US$3-5 billion. Ernesto Londoño and Letícia Casado report in the New York Times “Brazil has suddenly changed its stance.” Communications Minister Fabio Faria visited Beijing in February “to ask for vaccines.”
2,000 Brazilians are dying every day. The US has refused to deliver any vaccine to Brazil, even if it pays for it. Brazil is facing its worst health crisis since the Europeans invaded.Continue reading