ABU DHABI/WAM Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, led a high-level …
Read More »Huawei sales up 32%, profit little-changed
AP Huawei Technology Ltd., the world’s biggest maker of telecoms equipment, said its 2016 sales rose 32 percent from a year earlier but profit increased by only 0.4 percent due to higher spending on research and marketing. Huawei said it earned 37 billion yuan ($5.4 billion) on total revenue that rose 32 percent to 521.6 billion yuan ($75.6 billion). …
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