Huawei is now the global market leader in telecoms equipment sales, but faces resistance from countries across Europe, North America and Australasia, many whom have accused the telecoms firm's 5G mobile infrastructure of posing security risks.
China's largest tech company by sales posted net income of 59.3 billion yuan ($8.8bn) in 2018 as it won customers for its smartphones and networking gear, according to a statement on Friday.
"Moving forward, we will do everything we can to".
The driving force for the uptick is the consumer business, where Huawei recorded a massive $52 billion (348.9 billion yuan) in revenue for the year. "They want to smear Huawei because they are unable to compete in certain domains", said Mr Guo.
The 46-page report did not call for a ban on Huawei's equipment being used in the roll-out of next generation 5G networks, which critics say could be exploited to allow Beijing to spy on communications in the UK.
Mr Song said this applied to cooperation within the "scope of the law" only, such as if intelligence was needed to stop crime or terrorism, and "not meant for Beijing to use Huawei to attack other parties' networks or collect intelligence". "Despite this, the U.S. government has never provided any evidence supporting their accusations that Huawei poses a cybersecurity threat".
"The U.S. government has a loser's attitude".
McDonald’s to acquire Dynamic Yield in move to personalize the drive-thru
The acquisition allows McDonald's to tailor the items displayed on menu boards at drive-thru outlets to customers. Dynamic Yield's website says customers have included Urban Outfitters Inc., Ikea and HelloFresh.
In a report issued today, the HCSEC Oversight Board-a panel including officials from the National Cyber Security Centre, GCHQ and other agencies, as well as a senior executive from Huawei-warned that Huawei had failed to make long-promised changes to its software development and engineering practices needed to improve security. Still, many countries in the West, including the UK, Italy, Germany and others, are approaching Huawei with extra care.
Last year, after initially trying to downplay the security concerns from various governments, Huawei committed to investing $2 billion to address long-time concerns that the HCSEC Oversight Board had about Huawei telecommunications hardware.
Furthermore the US Secretary of State, Mike Pompeo, has previously warned that the U.S. may cease to exchange secret intelligence info. with countries that allow kit from Huawei into their core networks, which is a significant consideration for the UK.
Responding to Thursday's report, Huawei said it took its findings "very seriously" and that the report provided "vital input for the ongoing transformation of our software engineering capabilities".
Every EU state will conduct a national risk assessment of 5G network infrastructures by end of June, after which the Brussels based cyber security agency ENISA would complete a Continent-wide risk assessment that might could include "certification requirements, tests, controls, as well as the identification of products or suppliers that are considered potentially non-secure". "The conclusion reported back to the Oversight Board is that Huawei's basic engineering process does not correctly manage either component usage or the lifecycle sustainment issues, leaving products unsupportable in general", the report states.
Several European telecoms operators are considering removing Huawei equipment from their networks, and a report by United Kingdom cyber authorities out this week strongly criticised by tech firm.