Huawei Technology Ltd, the Chinese maker of smartphones and telecom equipment, said yesterday its profit rose 28.1 per cent in 2017, boosted by strong enterprise and consumer sales.
For those in charge of Huawei, 2018 was going to be a banner year: They were going to get a flagship smartphone onto a wireless carrier in the United States and finally make some inroads with USA customers.
"For one reason or another unfortunately we are not able to do business over there and we feel sorry for it", said Hu. "We are committed to the United States market and to earning the trust of USA consumers by staying focused on delivering world-class products and innovation", Yu told CNET.
Huawei hasn't given up on the USA market despite facing difficulties, CEO Richard Yu told CNET in an email. "We would never compromise that trust", he stated. Last month, US lawmakers warned Americans not to buy or use Huawei products.
According to Yu, the United States government's warnings about Huawei are "groundless suspicions", calling them "quite frankly unfair". At the last minute, however, AT&T backed out of the agreement, after what's believed to have included warnings against the deal by government officials.
Huawei has brought some of the trouble on itself by using shady tactics like encouraging fans to post fake reviews on Best Buy's website for a phone that hadn't even launched.
Bundesliga roundup: Lewandowski hat-trick nudges Munich to brink of title
But his second goal was ruled out for offside after the video referee intervened. Both Hamburger SV and Cologne needed wins to ease their relegation worries.
The growing market share in Europe has helped Huawei compensate for problems in the US. "We recognize we are not a known brand in the USA, and we need to build our brand here", Yu said.
"We will actively pursue open collaboration, attract and cultivate top talent, and step up efforts in exploratory research".
The company headquartered in the southern Chinese city of Shenzhen is the number three global seller of smartphones behind Samsung Electronics Ltd and Apple Inc. The move wasn't just a blow to Huawei's Android phones, either, also encompassing the firm's laptops and wearables. In the USA, the fight against Apple, Samsung, and even the likes of HTC, LG, and Motorola might prove pretty tough.
Huawei has no plans to give up on the USA market, the Chinese phone-maker insists, despite political pressure attempting to squeeze it out of the country.
"We're on a new journey".