Telecommunications

Huawei’s consumer business lost at least USD 10 billion in the oversea market last year as a result of US sanctions.

China Mobile is among the first batch of telecom carriers to offer 5G service in Hong Kong, along with Hutchison Telecom, and HKT.

The company reported revenue of USD 7.97 billion, up 27% year-on-year.

The company’s rotating chairman cautioned that the external environment will only get more complicated going forward.

Cloud gaming is one of the hottest areas in the industry, allowing players to stream games just like they would a movie.

Roving security staff at Hongyuan Park are detecting fevers using thermal imaging smart glasses, which also support facial recognition.

“Neither the US sanctions nor the pandemic had a major impact on us,” said Huawei founder Ren Zhengfei.

Experts say social activities and entertainment in VR will be more attractive in the long term as people are stuck at home curing the COVID-19 pandemic.