Huawei released its 2018 Annual Report today. Despite the growing 5G-related geopolitical spat it has found itself in and U.S. efforts to curtail its business, Huawei reported $107 billion in total revenues for the 2018 financial year, up 20% year-on-year. Its net profit grew 25.1% year-on-year.

Profits are mostly driven by Huawei’s booming smartphone business which is currently growing faster than Samsung or Apple.

More https://www.lightreading.com/mobile/5g/huawei-boasts-of-bullish-growth-in-2018-annual-report/d/d-id/750521

marin@5g.security | Website | Other articles

Marin Ivezic is a Partner at PwC (PricewaterhouseCoppers) specializing in risks of emerging technologies. He leads PwC’s global 5G cybersecurity efforts. He also leads cybersecurity for the Telecommunications, Media & Technology sector; and Industrial, IoT, Critical Infrastructure & Cyber-Kinetic security capabilities in the region. All these focus areas are being transformed with the emergence of 5G. Marin worked with critical infrastructure protection organizations in a dozen countries, 20+ of the top 100 telecom companies, and a number of technology companies on understanding the geopolitics of 5G; uncovering as-yet-unknown security and privacy risks of 5G, AI and IoT; and defining novel security and privacy approaches to address emerging technology risks.

luka@5g.security | Website | Other articles

Luka Ivezic is an independent consultant and author exploring geopolitical and socioeconomic implications of emerging technologies such as 5G, Artificial Intelligence (AI) and Internet of Things (IoT). To better observe policy discussions and societal attitudes towards early adoptions of emerging technologies, Luka spent last five years living between US, UK, Denmark, Singapore, Japan and Canada. This has given him a unique perspective on how emerging technologies shape different societies, and how different cultures determine technological development.