Chinese telecoms gear company Huawei Technologies has reported its profit more than doubled last year as its cloud and digital businesses thrived in spite of US sanctions. The Shenzhen-based company reported a net profit of 87 billion yuan (USD 12 billion), helped by strong sales and an improved product portfolio. Revenue jumped nearly 10 per … Read more
SEOUL: Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more than 26% as it capped off a robust business year where its dual strength in parts and finished products allowed it to thrive amid the pandemic. But the South Korean tech giant expects its profit to weaken in the … Read more
TOKYO—Yoshihide Suga was elected Japan’s first new prime minister in almost eight years, ushering in a rare period of political uncertainty as the country seeks to emerge from the coronavirus pandemic, navigate rising U.S.-China tensions and prepare for the Olympics in Tokyo next year. “What the people want is a quick end to the coronavirus … Read more
Zhang Yiming was having breakfast at home in Beijing in July when a message popped on his computer screen. A friend sent a link featuring President Trump, in which he said the coronavirus came from China and, as part of a U.S. response, he might ban TikTok, the hit video app Mr. Zhang founded. Mr. … Read more