It is a very difficult time in the economic plane of many companies in the countries most affected by this terrible disease, known by many names. Of course the companies that work for themselves and the smaller ones will suffer, hard, the consequences of the resignation that we are suffering. Big tech companies, however, are in good health, even those that have come out of trouble a long time ago.
Talking about financial data, current sales and growth rates can be very difficult.We know, but we want you to stay up-to-date on our website. That is why, if you allow me a few minutes of your time, I'll talk to you the economic consequences of China's two tech giants: Huawei and Xiaomi
Xiaomi and Huawei are technological innovations of the eastern world
Xiaomi, whose Mi 10 Lite has been known lately, starting with a The company managed to rise to the top of the technology in a very short period of time, revealed, with a report not linked to this link, its results for the last 2019 year. Without seeking to dig deeper into the complexities of complexity that we cannot fully understand, we can expect that a Chinese company had a net worth of more than $ 26,000, in a change from the Chinese yuan, to place this highest figure in its history.
An Asian company has profited close to 4,000 million euros, with a new growth rate of over 34% compared to last year's figure. In the words of the CEO of XiaomiLei Jun:
While the rest of the world is in the shadow of COVID-19, we remain focused on overcoming these difficulties. At Xiaomi we firmly believe that long-term business success is based on technology and as a result we plan to invest more than six million euros, over the next five years, while focusing on technology leverage and user experience to grow our My Fan base.
According to him, Huawei, who are lucky with the launch of their new devices and version 10.1 of EMUI, despite all the problems they have experienced over the past twelve months, continues to maintain a prominent position as a good introduction to Chinese technology. In 2019 last year, the Asian company announced more total revenue of over 110 million euros, for his an additional profit of over 8,000 million euros, a number closer to the data they have handled in Xiaomi's offices, though it is yet to be reached.
We recommend | You can now buy Huawei P40 and Huawei P40 Pro
In this case, Eric Xu, the person who is currently in charge of taking over the job of a Chinese company, proclaim
We did not manage to reach the target, which stood at $ 135,000, due to restrictions imposed by the United States. We have faced many challenges around the supply chain and have had to deal with this issue in the short term, in the same way that we have had to distribute our products among our customers. And we have to raise our money for research and development.
Follow Andro4all