Korea’s battery industry is rapidly advancing its technological development towards the commercialization of solid-state batteries, the next generation of cells. By replacing the liquid electrolytes traditionally used between the cathode and anode with solid materials, these batteries promise unpara
Huawei Connect 2023 kicked off in Shanghai today, bringing together business leaders, tech experts, partners, developers, and industry stakeholders from around the world to explore new opportunities for an intelligent future.At the event, Sabrina Meng, Huawei's Deputy Chairwoman, Rotating Chairwoman
Huawei announced its business results for the first half of 2023 today. Overall performance was in line with forecast.In 2023 H1, Huawei generated CNY310.9 billion in revenue, with a year-on-year increase of 3.1% and a net profit margin of 15.0%. The company's ICT infrastructure business contrib
Huawei has shown up in full force for MWC Shanghai 2023, with their activities all falling under their theme of "GUIDE to the Intelligent World". This year, the company's activities include an experiential tour that takes audiences to multiple cities to learn about their technology and business,
At the opening day of MWC Shanghai 2023 today, Sabrina Meng, Huawei's Rotating Chairwoman and CFO, gave a keynote outlining the value that 5G has generated throughout its first four years of commercial use.“5G is already well on its way to driving business success,” said Meng. “It's transfor
Huawei kicked off its 20th annual Global Analyst Summit (HAS) today in Shenzhen. The summit was attended by more than 1,000 industry analysts, financial analysts, key opinion leaders, and media representatives from around the world, who gathered to discuss the status of the ICT industry, including d
Huawei released its 2022 Annual Report on March 31. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, repres
LG Energy Solution are establishing joint research centers with Korean and foreign universities to accelerate the development of next-generation battery technologies.The company announced on June 7 that it has recently established the MEET Frontier Research Lab (FRL) in cooperation with the Münster
Huawei announced on March 29 its will to strengthen cooperation with Korean companies in the fields of 5G, cloud computing and eco-friendly energy.“Korea is a telecommunication powerhouse and a global leader in 5G,” said Karl Song, vice president of corporate communications at Huawei at the 2021 Hua
The outlook for Samsung Electronics reclaiming the top spot in the global smartphone market in the second half of 2020 is getting bright as various internal and external negative factors have emerged for Apple of the United States and Huawei of China.Apple is expected to introduce the iPhone 12 on O
China’s Huawei Technologies opened its first 5G open lab in Seoul on May 30 amid mounting anti-Huawei pressures from the U.S. government. Huawei plans to invest about US$5 million in the lab, using it as a base for its expansion into the 5G market in Asia.Huawei held an opening ceremony for the lab
Korean companies are keeping a close eye on the aftermaths of the arrest of Meng Wanzhou, vice chairwoman of China's telecom giant Huawei.The world's No. 1 telecom equipment provider, Huawei has been seeking to expand its presence in Korea. Korean semiconductor companies are keeping a close
The Japanese government decided on Dec. 10 to exclude Chinese telecommunications companies Huawei and ZTE from public procurement.According to the Nihon Keizai Shimbun, the Japanese government has finalized a guideline that it will take security risks into account in procuring information-communicat
The United States appears determined to stifle China’s telecom equipment maker Huawei as it asked Canada to arrest the company’s chief financial officer (CFO) for violating U.S. sanctions against Iran.Industry analysts are wondering whether Washington’s latest move would have repercussions for Korea
The security vulnerabilities of Huawei products have been rapidly increasing every year. Huawei recently said that there was no security problem with its products, reassuring Korean mobile operators who have to select equipment suppliers to build their 5G networks. But analysts are saying that Huawe
Korea Western Power (KOWEPO) announced on April 17 that the company signed a technical agreement for the operation and maintenance of coal power generation and renewable power generation facilities at a power plant in Shanxi Province, China with Gemeng International of China.Korea Western Power, whi
Hyundai Engineering announced on May 30 that it has opened and operated “Welder Training Center” at the ethane cracker plant in Kiyanly, Turkmenistan.The opening ceremony was attended by 300 officials, including Turkmengaz director of construction Cherkezov Merdan, Turkmenbashi city mayor Isayev Ama
China Daily, the Beijing-based state-owned English newspaper, arranged an “Incredible China” Tour to explore the ancient historical relics and modern attractions of China. They invited 12 journalists and photographers from eight counties including South Korea, the Philippines, Kazakhstan, Uzbekistan
A special train carrying North Korean leader Kim Jong-il arrived in China via Tumen, a northeastern Chinese border city, at 6:20 am. on May 20 (local time). The visit came unexpectedly in nine months after Kim’s last trip there. Initially, his son and heir-apparent Kim Jong-un had been thought to be