Category: Business and Economy

UK official firm on using Huawei for 5G

Britain’s government made a firm decision to allow China’s Huawei to have a role in building the country’s 5G phone network and as far as the foreign ministry’s top official understands it is not being reopened, according to media reports. Britain decided in January to allow Huawei into what the government said were non-sensitive parts…

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Huawei Q1 2020 revenue tops US $ 25 Bn

Huawei today announced its business results for the first quarter of 2020. In Q1 of this year, Huawei generated US$ 25.69 billion CNY182.2 billion in revenue, an increase of 1.4% year-on-year. The company’s net profit margin in Q1 2020 was 7.3%. As COVID-19 continues to spread around the world, Huawei is taking proactive measures to…

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eMarketingEye Outlines Digital Insights that Help Hospitality Industry Overcome COVID-19 Impact

As the world races to curb the spread of the deadly COVID-19 disease, eMarketingEye (www.emarketingeye.com), the award-winning Digital Marketing Agency has taken progressive steps to assist Sri Lanka’s struggling Hospitality industry by sharing a detailed analysis and strategy paper on the impact of the COVID-19 on the industry. The report titled “Digital Insights, Trends and…

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