Fluper is not Only an Idea But a Dream to Meet Business Needs
Mrs. Akansha Pandey CSO-(Chief Sales Officer)
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Startups, SMEs
GUANGZHOU, China- The revenue growth of Huawei shockingly slowed down last year. A result of the U.S. financial fallout and sanctions impact during the COVID-19 weighed on this Chinese technology giant.
According to the revenue generation figure, in 2020 the total amount of revenue collected 891.4 billion yuan ($136.7 billion) that is a yearly rise of 3.8% in yuan terms. In 2019, Huawei has an eye-witnessed 19% more growth rate than the year 2020.
In the world, China is the one and only area where Huwaei access that saw positive revenue rise. The sales margin of this company in China was 584.9 billion yuan ($89.7 billion) in all total. It is yearly growing with a 15.4% rate and accounting for more than 65% of the entire revenue. China’s financial stands grew in 2020 as the nation managed to widely contain this COVID-19 virus. However, other vital economies noticed shrinkages as this pandemic situation rapidly sweep across the globe, and several nations approved the lockdown strategy in differing degrees.
In 2020, Huwaei’s net profit amount was 64.6 billion yuan ($9.9 billion) that indicates a 3.2% yearly raise. The U.S. government has indirectly slapped Huawei with different sanctions cases over these last two years. Washington takes this Chinese telecommunications giant as a national safety threat, this statement has claimed that Huwaei has continuously denied it. The U.S. government has put Huwaei among their blacklist names in 2019, which they call the Entity list. Therefore, American organizations get bounded from exporting any particular technologies to Huawei.
AuthorAnshul Sharma is the visionary CEO of Fluper, the leading mobile app development company known for its innovative solutions and cutting-edge mobile applications. With a relentless drive for excellence and a deep understanding of the tech industry, Anshul leads Fluper with a focus on delivering value-driven products that transform businesses. Under his leadership, Fluper has become synonymous with quality, reliability, and innovation in the digital space.
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