After Nokia’s Q1 2019 results were made public, CEO Rajeev Suri conceded that “Q1 was a weak quarter for Nokia”. However, he continued, “We expected that it would be, and the outcome has not changed our perspective on the full year. We are confident that those issues that drove weakness in our results will ease over the remainder of the year. While overall risks have increased slightly, we continue to see positive developments and are maintaining our guidance for the full year.”

Read more: Nokia’s CEO confident that weak Q1 results will not affect remainder of 2019

U.S. security concerns about 5G mobile networks built by Chinese telecoms giant Huawei appear to be driven by politics and trade rather than any evidence, the head of the U.N. internet and telecoms agency said on Friday.

Read more: ITU chief says allegations against Huawei unfounded and driven by politics

Huawei has announced its business results for the first quarter of 2019. In Q1 of this year, Huawei generated CNY179.7 billion in revenue, an increase of 39% year-on-year. The company's net profit margin in Q1 2019 was about 8%, slightly higher than the same period last year.

Read more: Huawei revenues soar as Q1 financial results are disclosed

At the Huawei Global Analyst Summit 2019, Huawei and Wi-Fi Alliance (WFA) held a media roundtable meeting with the theme of "Wi-Fi 6, Unlocking Business Value." At the media roundtable, Huawei announced AirEngine as its new Wi-Fi brand, which will be applied to its full series of enterprise-class Wi-Fi 6 products.

Read more: Huawei announces launch of its Wi-Fi 6 products in five major regions globally

Huawei, as a leading global provider of information and communications technology (ICT) infrastructure, drove forward the conversation on Saudi Arabia’s digital future at the Huawei Saudi Ecosystem Partner Summit 2019, held yesterday.

Read more: Huawei urges KSA enterprises to embrace digital platforms at partner summit

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