Huawei Australia experienced an 18% spike in revenue over the course of 2018, as the Australian arm of the Chinese giant collected receipts of AU$735 million compared to AU$623 million in the year prior.
Broken down by revenue type, the company saw revenue growth across the board: It increased goods sales by 19% to AU$417 million, revenue from services jumped 22% to AU$154 million, with construction payments growing by 12% to AU$164 million.
With the cost of sales increasing by 21% to AU$597 million, Huawei Australia had pre-tax profit of AU$38.7 million against AU$32 million in 2017. For the year to December 31, 2018, the company paid AU$9.3 million in income tax, whereas it paid AU$16.3 million for 2017, which led to the company posting an 89% jump in post-tax profit to AU$29.3 million.
The amount spent by the company on wages in 2018 fell from AU$49.4 million to AU$47.5 million, as it reported having 343 employees. For research and development, expenditure was steady at AU$4.7 million, however the amount of tax incentives gained dropped from AU$0.51 million to AU$0.13 million.
During 2018, the Chinese giant found itself banned from 5G rollouts in Australia, which resulted in TPG announcing it would cease the building out of its mobile network.
Despite this, the company optimistically claimed the ban “may reduce the scale and growth in the carrier network business”.
“The company will continue to pursue its objective of increasing its profitability and market share during the next financial year, with a particular focus on the enterprise and consumer business,” Huawei Australia said in its filing to ASIC.
Huawei is having better luck in the United Kingdom than Australia, where it has been allowed to deploy 5G equipment despite a report pointing out significant flaws in its equipment.
Last week, the Chinese parent company announced first quarter earnings that saw revenue jump by 39% to 180 billion yuan as it sold 59 million smartphones.
The company has previously said it wanted to be the biggest smartphone brand overall by 2020.
Huawei Australia made its filing with ASIC with an air of defiance, stating it does not believe it is a reporting entity.
“The company is not publicly accountable,” the filing said.
Huawei: UK will have access to best technology
While Huawei could not confirm the reports that the British government will be allowing it to take part in 5G, the Chinese tech giant says that if they are true, the UK ‘will have access to the fastest and most reliable networks’.
Huawei Cloud ramps up AI efforts with Singapore lab, partners
Chinese tech giant has opened a cloud and artificial intelligence innovation lab in Singapore with resources to help universities and enterprises drive research in these technologies as well as inked agreements with various companies to jointly develop such applications in Asia-Pacific.
Huawei 1Q revenue climbs 39 percent amidst US pressure
Chinese networking vendor has reported a 39 percent increase in revenue to 197.7 billion yuan (US$29.5 billion) for the first quarter of 2019, when it shipped 59 million smartphones and inked 40 commercial contracts for 5G globally.
New Honor phone to be unveiled on May 21 in London
Honor, Huawei’s smartphone sub-brand, will showcase a new offering in London on May 21.
Huawei’s surveillance system in Serbia threatens citizens’ rights, watchdog warns
The Chinese giant’s Safe City Solution for Belgrade is raising questions about its use of personal data.
UK on Huawei: New engineering flaws found, old vulnerabilities haven’t been fixed yet
Board that oversees Huawei security in the UK offers only ‘limited assurance’ that risk to national security can be mitigated.
Samsung Galaxy Fold v. Huawei Mate X: What’s different? (TechRepublic)
Samsung and Huawei are the first big tech companies to jump on the folding smartphone bandwagon, so what’s different between the Galaxy Fold and the Mate X?
2021 Range Rover Evoque gains new technology and refinement
Land Rover has announced the 2021 Range Rover Evoque. For 2021, the vehicle gets more refinement and enhance technology. It’s now fitted with the Pivi Pro system as a standard feature bringing a redesigned intuitive menu structure with the most popular features and functions accessible from a single home screen.
Land Rover says that the design of its Pivi Pro system allows users to access functions in two taps or less. The 2021 Evoque is also available within Online Pack with a data plan featuring integrated Spotify within the infotainment menu for the first time. The system is also able to connect wirelessly via Bluetooth to phones at the same time.
Smartphone users also have available wireless smartphone charging with signal boosting capability. The vehicle features a dual-modem embedded SIM allowing for scheduled vehicle software updates over the air. That means no visiting dealerships to have the software updated when needed.
2021 Evoque buyers can also get an optional Advanced Cabin Air Filtration system designed to filter out fine particulate matter, allergens, and strong odors. The system also displays interior and exterior and quality information. Land Rover fits the vehicle with the newly expanded suite of driver assistance technology, including a standard 3D Surround Camera and available Rear Collision Monitor.
Multiple models will be available in the US, starting with the Evoque S P250 featuring a 2.0-liter turbo inline-four-cylinder engine making 264 horsepower and 269 pound-foot of torque. The base 2021 Evoque S P250 is priced at $43,300. A total of five models are available, with the most expensive being the Evoque R-Dynamic HSE P250 featuring the same engine starting at $53,400. The prices exclude the $1050 destination and delivery fee. There are several options available that can drive the starting price up significantly.
2021 Honda N-One minicar goes on sale in Japan
Honda’s second-gen N-One minicar (Kei car) is now on sale in Japan. According to the Japanese carmaker, the all-new N-One is available at Honda dealerships across Japan beginning November 20, 2020.
First seen in 2012 together with the quirky Honda N-Box, the N-One spearheaded Honda’s next generation of small city cars for the Japanese market. The 2021 N-One has retained the ‘circle, square, trapezoid’ design idiom of the outgoing model and is now available with more standard safety features and driving tech.
Standard in the new N-One is Honda Sensing which includes automatic high beams, collision mitigating braking system, false start prevention, traffic sign recognition, road departure mitigation, lane-keeping assist, and plenty more.
Additionally, manual-equipped versions of the N-One are the first mini vehicles in Japan to feature adaptive cruise control and lane-keeping assist. Also standard in the N-One is a rear seat reminder feature to alert the driver of unattended objects, pets, or children in the rear seats.
The new Honda N-One is a proper mini car. Measuring 11.14-feet (3,395 mm) long and 4.84-feet (1,475 mm) wide, the second-gen model retains the familiar styling cues of the outgoing version with clean lines and round headlights similar to the Honda E electric car. However, the new N-One has larger front air intakes, LED headlights, and a black horizontal strip in the rear bumper.
The interior, however, is as fresh as morning dew. The N-One has a larger infotainment screen, a new instrument console, and a new steering wheel with control switches and buttons. Typical of a Honda, the cabin has a bevy of USB ports, cubby holes, and storage pockets for maximum convenience.
The 2021 Honda N-One is available in base, premium, and RS trims. Standard fare is a 660cc three-cylinder naturally-aspirated gasoline engine with 58 horsepower, front-wheel drive, and a CVT gearbox. The RS trim has a six-speed manual transmission mated to a turbocharged 660cc motor producing 68 horsepower. All-wheel-drive is optional across the board.
Honda’s newest N-One will only be sold in Japan. Base prices start at the equivalent of $15,406 (¥1,599,400) based on current exchange rates.
Ford Bronco R conquers the 2020 Baja 1000
The second time is the charm for the Ford Bronco R prototype. Last year, the Bronco R was unable to complete the Baja 1000 due to mechanical failures. But this year, Ford’s second attempt at conquering the 1,000-mile off-road endurance race is a successful one.
“When Bronco returned we said it would follow in the legacy of the first-generation Broncos that forever changed the off-road landscape – and today’s finish demonstrates we’re continuing the ‘Built Wild’ pedigree of Bronco,” said Mark Rushbrook, global director, Ford Performance motorsports.
Driven by a team of seasoned off-roaders led by Cameron Steele, Shelby Hall, Johnny Campbell, Curt LeDuc, and Jason Scherer, the Ford Bronco R prototype crossed the finish line in just over 32 hours. And unlike last year, the Bronco R was accompanied by a pair of drool-worthy support vehicles in its quest for off-road supremacy: The F-150 Raptor and a 2021 F-Series Super Duty Tremor truck.
Ford’s racing history is brimming with stories of triumphant comebacks. After dealing with instability issues, engine failures, and plain ol’ bad luck in its attempt to unseat Ferrari’s dominance at Le Mans, the Ford GT40 came back with a vengeance. Ford broke Ferrari’s impressive five-year winning streak at the 24 Hours of Le Mans in 1966. From that point forward, the GT40 won the endurance race consecutively for the next three years until 1969.
Meanwhile, the Ford Bronco has an illustrious legacy at Baja. The first-gen Bronco won five Baja 1000 class wins from 1967 to 1972, and it also won the first-ever overall production 4×4 class win in 1969. Additionally, second to fifth-gen Broncos scored two Baja 500 victories in 1970 and 1973 followed by nine Baja 500 Class 3 wins from 1004 to 2015.
Ford’s Baja-conquering Bronco R prototype is built atop the T6 chassis of a production-spec Bronco. It also has the same 2.7-liter EcoBoost engine and 10-speed automatic gearbox as the production variant. More than a quest for glory, Ford is using this year’s race as a chance to optimize the ‘Baja Mode’ for its new Terrain Management System – a feature of which customers can enjoy once the all-new Ford Bronco arrives at dealerships in spring of 2021.
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