The giant Chinese Communications Group Huawei announced today, Friday, the decline in its annual revenues during the year 2021, about a third compared to the previous year.
This comes in conjunction with the continued impact of the Chinese technology giant on US sanctions that have harmed its sales of smartphones.
Huawei was one of the most prominent victims of the trade war between the United States and China after the administration of former US President Donald Trump launched a campaign against it because of fears that it may pose a threat to national security in Western countries.
In 2019, the administration of former President Donald Trump imposed a commercial ban on Huawei, which prevented the company's use of the Android system of Alphabet in its new smartphones with other important American origin technologies.
Group Chairman, Guin Ping, said in an annual message on the occasion of the new year that the company's revenues for this year fell by 29% on an annual basis to 634 billion yuan (99.5 billion dollars).
"Despite all the experiences and difficulties, we worked in 2021 with an effort to create a concrete value for our customers and local communities," stressing that "we have strengthened the quality and efficiency of our operations, and we expect the conclusion of the year with total revenues of 634 billion yuan.".
He pointed out that the company's telecommunications sector "remained stable" and "general performance was compatible with our expectations".
And Huawei is not listed on the stock exchange.The letter did not provide any other financial details.
Gio said that the company is on a "wise but fruitful" road, adding that 2022 will come "with its share of challenges".
Huawei's difficulties were forced to turn quickly into new business lines, including the computing of wearable institutions and devices, biotechnology, smart cars and software.
The United States prevented Huawei from obtaining important ingredients such as electronic chips and forced them to create its own operating system after prohibiting its use of the Google Android operating system.
This month, the company launched a new folding phone and said that 220 million Huawei devices are operating its "Harmone OS" operating system..
The group is the largest resource in the world for telecommunications network equipment and was previously among the three largest smartphones producers alongside "Apple" and "Samsung", but it declined significantly due to American pressure.
Foldable phone
Huawei announced the launch of its foldable P50 Pocket smartphone, and the Chinese company explained that the standard version is available in elegant white with the availability of the Premium version in golden color.
The new Huawei Pocket is based on the WaterDROP detailed, and the technical equipment package includes a 6 -meter AMOLED interior screen.9 inches with 2790 x 1188 pixels, with a premium rate of 21: 9 and at the rate of activation of 120 Hz, and the external screen works 1.04 inch 340 x 340 pixels and a 60Hz image activation rate.
The outer screen is promoted as a case screen or can be used when taking selfies with superior quality by the main camera, and the selfie camera works with a resolution of 10.7 megapixels and f/2 lens slot.2, the main camera unit includes the TRUE Chroma camera with a resolution of 40 megapixels and a f/1 lens slot.8, and the Ultra Spectrum camera with a resolution of 32 megapixels and the same opening of the lens, in addition to the very wide corner camera of 13 megapixels and F/2 lens slot.2 and with macro function.
Inside the new Huawei Copy Snapdragon 888 phone, it is filled with 4G, with a random access memory capacity of 8 and 12 GB and an internal memory capacity of 256 and 512 GB, with relying on the EMUI 12 operating system, which is based on the Google Android 11 system 11.
The Chinese company explained that its new smartphone comes with a weight of 190 grams, and it is full of a 4000 mAh battery, which can be recharged with a capacity of 40 watts.
Huawei did not disclose any details about the date of its new smartphone in the global markets or expected prices in the Arab region markets.