Tuesday, July 30, 2019

Huawei reports 23% growth despite U.S. pressure

Huawei reported unaudited revenue of CNY401.3 billion for the first half of 2019, a 23.2% increase over the same period last year, along with a net profit margin of 8.7%.

Huawei's carrier business reached CNY146.5 billion in revenue for the first half of 2019. The company cited steady growth in production and shipment of equipment for wireless networks, optical transmission, data communications, IT, and related product domains. To date, Huawei has secured 50 commercial 5G contracts and has shipped more than 150,000 base stations to markets around the world.

In Huawei's enterprise business, H1 sales revenue was CNY31.6 billion. Huawei continues to enhance its ICT portfolio across multiple domains, including cloud, artificial intelligence, campus networks, data centers, Internet of Things, and intelligent computing. It remains a trusted supplier for government and utility customers, as well as customers in commercial sectors like finance, transportation, energy, and automobile.

In Huawei's consumer business, H1 sales revenue hit CNY220.8 billion. Huawei's smartphone shipments (including Honor phones) reached 118 million units, up 24% YoY. The company also saw rapid growth in its shipments of tablets, PCs, and wearables. Huawei is beginning to scale its device ecosystem to deliver a more seamless intelligent experience across all major user scenarios. To date, the Huawei Mobile Services ecosystem has more than 800,000 registered developers, and 500 million users worldwide.

"Revenue grew fast up through May," said Liang. "Given the foundation we laid in the first half of the year, we continue to see growth even after we were added to the entity list. That's not to say we don't have difficulties ahead. We do, and they may affect the pace of our growth in the short term. But we will stay the course. We are fully confident in what the future holds, and we will continue investing as planned – including a total of CNY120 billion in R&D this year. We'll get through these challenges, and we're confident that Huawei will enter a new stage of growth after the worst of this is behind us."

https://www.huawei.com/en/press-events/news/2019/7/Huawei-Announces-H1-2019-Revenue


  • In March 2019, Huawei, which is a private company wholly owned by its employees, reported 2018 revenue of CNY721,202 million, representing an increase of 19.5% year-on-year. Net profit grew by 25.1% year-on-year to CNY59,345 million. 

CoreSite offers SDN-powered connectivity between data centers

CoreSite Realty is now offering SDN-powered inter-site connectivity between seven of its edge markets.

The CoreSite Inter-Site Connectivity solution enables customers to be secure their distributed IT infrastructure with private connections, versus accessing data over the Internet. The connectivity improves performance and reduces network provisioning times. CoreSite also provides access to more than 775 network, cloud and IT service providers.

“We are pleased to offer SDN connectivity between our markets by leveraging the CoreSite Open Cloud Exchange through the reach of its capabilities and ease of its online portal,” said Maile Kaiser, CoreSite’s SVP of Sales. “With the CoreSite Inter-Site Connectivity solution, we make it easier for customers to expand and connect to CoreSite’s rich ecosystem of cloud and network providers as well as other enterprise organizations.”

http://www.coresite.com

Masergy service bundles combine SD-WAN + security

Masergy introduced bundles that combine its Managed SD-WAN solutions with advanced security services.

Masergy's three new SD-WAN bundles include options for:

  • Unified Threat Management (UTM): This built-in capability integrates a range of security features including web filtering, antivirus, data loss prevention, and intrusion detection and prevention into a single platform.
  • Threat Monitoring and Response: Advanced protection includes 24/7 threat monitoring and real-time incident response for the entire SD-WAN deployment by certified security experts in global Security Operation Centers (SOCs).
  • Managed Security Services: Comprehensive managed detection and response services for cloud, on-premises and hybrid environments, including an advanced security tool suite with machine-learning behavioural analytics, embedded threat intelligence, and 24/7 security monitoring and incident response.

“As leading enterprises are embracing the strategic advantages of a robust SD-WAN solution, they are also realizing the critical importance of securing their networks,” said Terry Traina, Chief Digital Officer at Masergy. “Our new SD-WAN bundles are currently the only solution on the market for companies that want the performance of SD-WAN coupled with the peace of mind that comes with 24/7 security monitoring and response.”


https://www.masergy.com/managed-sd-wan


GTT enhances its SD-WAN service

GTT Communications has enhanced its SD-WAN service by adding the capability to run multiple network applications on a single universal customer premises equipment (uCPE) device.

Virtualized network functions (VNFs) include SD-WAN, firewall and WAN optimization.

“GTT is advancing its portfolio of cloud networking services with new functionality. We will continue to expand our SD-WAN offer with additional features on uCPE to connect our enterprise clients to any location in the world and every application in the cloud,” stated Rick Calder, GTT president and CEO.

http://www.gtt.net

Corning Q2 optical sales reach $1.07 billion, up 7% yoy

Corning reported cores Q2 2019 sales of $3 billion, up 8% from the same period last year.

Optical Communications second-quarter sales were $1.09 billion, up 7% year over year. Net income for the second quarter was up 5% year over year. Sales growth was led by hyperscale data center and optical fiber demand as well as sales from the 3M Communication Markets Division acquisition.

For full-year 2019, Optical Communications year-over-year sales growth is now expected to be up by a low- to mid-single digit percentage. The lower growth expectations are driven primarily by weakness in the carrier market. Optical Communications growth remains significantly above passive optical market growth.

https://investor.corning.com/investor-relations/default.aspx


Welcome Italia selects ADVA FSP 3000 fiber monitoring

Welcome Italia has selected ADVA's FSP 3000 and ALM fiber monitoring solution to enable assured high-capacity enterprise services throughout Italy.

The new network, which connects Welcome Italia’s two main data centers, features ADVA’s colorless, directionless and flexgrid multi-degree ROADMs, enabling automatic traffic rerouting for enhanced availability. The solution has also been primed for the comprehensive, low-latency security of ADVA’s ConnectGuard™ Optical encryption technology. ADVA’s partner Sirti is installing the network and will also provide ongoing maintenance and support.

Welcome Italia’s new backbone network serves enterprise clients throughout Italy with points of presence spread across the country. Built on the ADVA FSP 3000, it simplifies network operations and helps to reduce capital and operational expenditure. With its modular architecture, the FSP 3000 gives Welcome Italia the freedom to expand its network as soon as it’s required. The solution is also monitored by the ADVA ALM, which gives real-time insight into the integrity and performance of Welcome Italia’s fiber infrastructure, significantly improving robustness and efficiency. What’s more, the complete network is managed by Ensemble Controller, which combines efficiency in manual operations with programmatic control. This advanced management and domain control solution supports users while also enabling intelligent algorithms to gather data and take autonomous action.

Ciena's Packet Optical selected for UK’s Janet

Jisc, which is the UK’s expert member organization for digital technology and digital resources in higher education, further education, skills and research, is deploying Ciena’s Packet Networking platforms to enhance its Janet Network and provide high-speed connectivity across the UK.

Specifically, Jisc recently selected Ciena’s 8700 and 5170 Packet Networking platforms to address growing needs for high-bandwidth services delivering up to 100GbE.

“Scientific research and education hinges on high-speed, reliable connectivity,” said Rod Wilson, Chief Technologist for Research Networks at Ciena. “Rapid growth in data intensive research such as high-energy physics and genome engineering means that researchers need agile networks to support a range of services from massive flows for computational science to distributed services for individual researchers and educators.”

A10's Q2 sales dip to $49m, company considers alternatives, CEO to step down

A10 Networks reported Q2 revenue of $49.2 million, compared with $60.7 million in second-quarter 2018. There was a GAAP net loss of $5.8 million, or $0.08 per basic and diluted share.

“Second quarter revenue came in below our guidance as a number of large deals in our pipeline pushed into future quarters or were downsized. These deals were primarily in North America and within the service provider and web giant verticals where opportunities can be large but the timing is difficult to predict,” said Lee Chen, president and chief executive officer of A10 Networks. “Outside of North America, all of our major geographies met or exceeded our Q2 expectations, and we continued to make progress on our strategic initiatives in security, 5G and multi-cloud.”

A10 also confirmed that it has retained Bank of America Merrill Lynch to advise about a potential sale or change of control transaction. The company has appointed Eric Singer, Founder and Managing Member of VIEX Capital Advisors, to its Board and formed a Strategic Committee to consider strategic options.

In addition, Lee Chen, president and chief executive officer of A10 Networks, announced his intention to step down once a new CEO has been selected.

Confluera raises $9m for cybersecurity

Confluera, a start-up based in Palo Alto, California, announced $9 million in Series A funding for its cybersecurity solutions.

Confluera aims to turn security analysts into cyber defenders by enabling them to stop breaches in real time. Confluera is Co-Founded by Abhijit Ghosh, Niloy Mukherjee, and Bipul Sinha. Ghosh has a background in networking, sec

The funding round was led by Lightspeed’s Founder & Managing Partner Ravi Mhatre with significant participation by John W. Thompson, former CEO of Symantec and Chairman of Microsoft; Frank Slootman, former CEO of ServiceNow; and Lane Bess, former CEO of Palo Alto Networks.

Confluera's founding team includes:

  • Abhijit Ghosh, Co-founder and CEO – Engineering Leader Juniper Networks, Azanda Networks, and Siemens;
  • Niloy Mukherjee, Co-founder and Chief Architect – Lead Architect Oracle In-Memory Database and LinkedIn Distributed Data Systems;
  • Bipul Sinha, Co-founder and Chairman – Co-Founder & CEO Rubrik, Founding investor/Board Member Nutanix, and engineering at Oracle.


https://www.confluera.com/


See also