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ISLAMABAD (WEB NEWS) In a New Year letter circulated to Huawei 195,000 employees globally, Huawei Rotating Chairman Eric Xu said that the company expects to round off the year with a slight rise in total revenue of 636.9 billion yuan over last year total revenues of 636.8 billion yuan, whichRead More →

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ISLAMABAD ( Web News ) Enertech Holding Company Kuwait aims to develop an Eco-Friendly Smart Destination and 500 MW of Solar Power Plants in Pakistan to promote the tourism and renewable energy sectors of Pakistan, in partnership with Huawei Technologies Pakistan (PVT) Ltd. Huawei will be the leading technology partnerRead More →

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LAHORE ( HAFEEZ REPORT ) Huawei released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer business groups (BGs) each achieved solid year-on-year growth. Group annual revenue was CNY521.6 billion (US$75.1 billion), an increase of 32% over 2015. Net profits were CNY37.1 billion (US$5.3 billion), anRead More →

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ISLAMABAD( MEDIA REPORT ) Pakistan’s e-commerce sector has been doubling in size every year and is projected to surpass $1 billion in 2020, Minister for Finance Ishaq Dar told a delegation of China’s Alibaba Group. The delegation is visiting Pakistan following a meeting between Prime Minister Nawaz Sharif and ChairmanRead More →