Yang Jie: evaluating the impact of Huawei’s chip interruption on 5g communication equipment procurement

On August 13, China Mobile released its financial report for the first half of 2020. According to the report, China Mobile’s operating revenue reached 389.9 billion yuan in the first half of the year, up 0.1% year-on-year, including 358.2 billion yuan of communication service revenue, a year-on-year increase of 1.9%. The profit attributable to shareholders was 55.8 billion yuan, and the profit per share was 2.72 yuan, down 0.5% year on year. The profitability continued to maintain the leading level of the world’s first-class operators. < / P > < p > in addition, by the end of June 2020, China Mobile’s customers have reached 947 million, including 760 million 4G customers and 70.2 million 5g package customers. The number of cable broadband customers was 197 million, an increase of 12.7% year-on-year; in the first half of the year, the net number of home broadband customers increased by 8.95 million to 181 million. In terms of Sino US relations, Yang Jie, chairman of China Mobile, pointed out at the performance meeting held on the same day that the United States imposed restrictions on Chinese technology enterprises, which had an impact on the group’s roaming, Internet, cloud services and submarine cable transmission services in the United States, but the group’s international business continued to grow in the first half of the year, in line with expectations. Because China Mobile’s overseas business has always been in compliance with the regulations, and the group company’s revenue in the U.S. market in 2019 is only 400 million yuan, the relevant ban has a slight impact on the company’s business. As for the impact of Huawei’s chip cut-off on 5g communication equipment procurement, Yang Jie said that the group company is conducting real-time tracking, analysis and evaluation, “the impact of network construction is less than that of smart phones, and I believe we will find a way.” Continue ReadingIqoo5 series debut strength interpretation of “120 super full mark flagship”