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In Depth: Huawei Sees Key to a Turnaround in the Cloud

2021年05月19日 18:34 来源于 财新网
Telecommunications giant is betting on businesses that will tap into two prominent global trends — digital transformation and carbon neutrality
Huawei holds its developer conference in Shenzhen on April 25. Photo: VCG

It’s time for Huawei to prove itself.

After enduring three rounds of U.S. sanctions, the Chinese telecommunications giant has suffered two straight quarters of falling revenue, with its revenue for the first quarter of 2021 down 16.5% year-on-year to 152.2 billion yuan ($23.6 billion).

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