Today Huawei announced its business results for the third quarter of 2020. In the Q3 of 2020, Huawei generated CNY671.3 billion in revenue, an increase of 9.9% year-on-year growth. The net profit margin in Q3 is 8.0%.
Huawei didn’t detail its different divisions including consumers or mobile sales but the company said the following.
“As the world grapples with COVID-19, Huawei’s global supply chain is being put under intense pressure and its production and operations face significant challenges. The company continues to do its best to find solutions, survive and forge forward, and fulfill its obligations to customers and suppliers.
Moving forward, Huawei will leverage its strengths in ICT technologies such as AI, cloud, 5G, and computing to provide scenario-based solutions, develop industry applications, and unleash the value of 5G networks along with its partners. Its stated goal is to help enterprises grow their business and help governments boost the domestic industry, benefit constituents, and improve overall governance.
ICT has become a cornerstone of modern society and the main driver behind sustainable social, economic, and environmental development. Huawei believes that rapid and healthy development within the ICT industry will rely on open collaboration and mutual trust across the global industry, so it will continue working closely with its global partners and using its innovative ICT technologies to create greater value for customers despite the complex situation it is currently facing. The company will continue contributing to pandemic responses, economic growth, and social progress.”
Huawei completes 5G RedCap technology verification to reduce 5G base station cost
Huawei has recently initiated the verification test of the world’s first 5G Redcap key technology. And the results are shocking! Ultimately, the technology can control and reduce the cost of 5G base stations to the level of 4G.
Yes! That’s right. The technology came into existence with the help of the IMT-2022 (5G) promotion group of MTNet. The industry has just completed the build-up of this useful 5G R17 RedCap technology and began its testing for base station and chip technology.
The testing comprised a few specific elements. For instance, access to RedCap UD, handover, initial BWP shared between RedCap UE and ordinary 5G UE, independent uplink/downlink initial BWP of RedCap UE, and uplink and downlink rate.
To begin the test procedure, the group used Huawei’s 5G communication base station and some high-end chips from famous Chinese chip makers. While testing, Huawei realized that the new 5G RedCap technology can decrease the expense of 5G base stations to the 4G base station grade.
So far, the 5G base station is 10 to 15 times more expensive than the 4G base station. On the other hand, the 5G base stations excessively consume more power which is another drawback. And let’s not forget about the 5G modules that are still availed at a high rate.
However, in this expense-oriented field, 5G RedCap technology has appeared as a boon for manufacturers. In comparison to the original cost of deploying one base station, Huawei can now deploy more than three stations.
Reduction in cost is directly proportional to 5G Upgrades
Alternatively, the reduction in the cost of 5G modules and base stations permits more smart gadgets to upgrade to the 5G level. Besides, IoT devices can now access the 5G networks at a cheaper rate. This is one of the best technology that will play wonders in all the aspects related to the 5G networks.
Stadia: Another big Google product failed and shutting down
Google has now made a public announcement to end the gaming service Stadia entirely. Although Stadia was a massive cloud gaming service but failed. It hasn’t garnered user traction that Google was not able to attract an expected number of users.
However, Google is at least making an effort to set things right by issuing refunds on all Stadia hardware that was purchased through the Google Store, even though the stadia services failed news will undoubtedly have a significant negative impact on Stadia supporters.
Through January 18, 2023, players will have access to their game collection and be able to play so they can finish their final play sessions. By mid-January 2023, the majority of refunds ought to be finished.
To be noted, The Google+, Orkut, and Google Allo apps are the services that had faced the same situation as Stadia now.
After Google Buzz, Google Friend Connect, and Orkut, Google+ was the company’s fourth effort into social networks. In order to compete with websites like Twitter, Facebook, LinkedIn, and Tumblr, it took the position of Google Buzz in 2011.
But further Google shut it down due to insecure users’ data the hackers and this makes it not survive for long on social media.
This application debuted just two weeks before Facebook, it allows users to meet their old friends. Orkut’s user base decreased as a result of the increase in fake accounts, duplicate profiles, and hate groups. and in 2014 Google announced to shut it down.
It is supported for both Android and iOS devices users to make instant messages. It’s just like the WhatsApp application, if you have the contact number of your friend then your can exchange messages, voice note files, images, and more using the app.
And Its AL-powered feature makes it popular among users. However, a glitch in the assistant in 2017 led to the voice assistant sharing search results from a user’s discussion and this made Allo shut down in 2018.
Huawei Mate 50 Kunlun display variants sold out, consumers need to wait until October
Huawei Mate 50 series is not going to leave the headlines space so easily. And why not, it is one of the most bashing devices in the history of smartphones. In the latest edition, the news is running regarding the sold-out scenario of Huawei Mate 50 Kunlun Glass variants.
Yes! Huawei Mate 50 series and especially its Kunlun Glass variants are so much popular among consumers that they sold out within seconds. However, every good thing has some negative impact and so has happened with the Mate 50 lineup.
The huge selling of the Mate 50 models brought a shortage in the units. Though the company increased the production capacity of the Mate 50 devices immediately after the sold-out result. Yet, the upcoming number of units was not enough to calm down consumer demand.
Hence, this supply chain will take some time to get back on the original track. According to the Weibo blogger @FactoryDirectorShiGuan, the Chinese tech giant has hyped the production capacity of the Mate 50 series Kunlun variants. But, the supply chain will be improved after mid-October.
On the flip side, the blogger also states that the rush will slow down till November. So, instead of paying a higher price for the Mate 50, users can keep patience till November to grab the device with its actual cost tag.
Huawei Mate 50 Kunlun Glass.
Well, there is no doubt why Mate 50 Kunlun Glass Edition is so favored among users. Consequently, it is one of the strongest glass protectors that secures your device from almost every external drop and damage.
Moreover, these glasses have qualified for the first Swiss SGS five-star drop-resistance certificate. In comparison to the normal screen protectors, these mechanisms use 108 microcrystalline raw materials in their manufacturing.
The Kunlun Display Shields are 10 times tougher than ordinary ones. But at this moment, these elements are a little away from the user’s reach. Don’t worry, just a few days more, and you will have your favorite Mate 50 version in your hands.