Huawei Q1 net profit jumps 564%, Chinese tech giant gains market share over Apple

Huawei Technologies Co. has marked its fourth consecutive quarter of profit growth, indicating that the Chinese tech giant is successfully capturing market share from competitors like Apple Inc. According to a recent filing with the National Interbank Funding Center in China, Huawei’s net profit for the March quarter soared to 19.6 billion yuan ($2.7 billion), […]