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Apr 22, 2019

Huawei issues first ever quarterly earnings… but why?

From the BBC World Service… Huawei earnings showed a 39% rise in revenue — but it’s a private company. Tesla goes to Shanghai after video appears to show an exploding vehicle. Plus, a look at China’s 9-9-6 work model.

A woman uses her smartphone while walking past advertising outside a Huawei store in Beijing on Jan. 29, 2019.
A woman uses her smartphone while walking past advertising outside a Huawei store in Beijing on Jan. 29, 2019.
WANG ZHAO/AFP/Getty Images

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Huawei issues first ever quarterly earnings… but why?